Point72 DIFC Ltd Buys New Position in Centrus Energy Corp. (NYSE:LEU)

Point72 DIFC Ltd purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 972 shares of the company’s stock, valued at approximately $42,000.

Other large investors have also modified their holdings of the company. Wolff Wiese Magana LLC acquired a new position in shares of Centrus Energy in the 2nd quarter valued at $43,000. nVerses Capital LLC increased its holdings in shares of Centrus Energy by 133.3% in the second quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Centrus Energy by 181.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock worth $115,000 after purchasing an additional 1,754 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in shares of Centrus Energy during the first quarter worth about $216,000. Finally, Victory Capital Management Inc. boosted its position in Centrus Energy by 26.9% in the second quarter. Victory Capital Management Inc. now owns 7,557 shares of the company’s stock valued at $323,000 after buying an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Up 5.3 %

Shares of LEU stock opened at $57.72 on Monday. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $61.35. The stock has a market cap of $904.82 million, a P/E ratio of 12.69 and a beta of 1.31. The stock has a 50 day moving average of $40.91 and a 200 day moving average of $42.65. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 1.47.

Centrus Energy (NYSE:LEU) last posted its earnings results on Tuesday, August 6th. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $1.12. The firm had revenue of $189.00 million during the quarter, compared to analysts’ expectations of $82.70 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. As a group, sell-side analysts expect that Centrus Energy Corp. will post 3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on LEU shares. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. Roth Mkm lowered their price target on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, August 8th.

About Centrus Energy

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.