BNP Paribas Financial Markets Sells 4,015 Shares of Centrus Energy Corp. (NYSE:LEU)

BNP Paribas Financial Markets lowered its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 69.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,743 shares of the company’s stock after selling 4,015 shares during the quarter. BNP Paribas Financial Markets’ holdings in Centrus Energy were worth $116,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of LEU. Anatole Investment Management Ltd bought a new stake in Centrus Energy in the 4th quarter valued at $27,880,000. Reaves W H & Co. Inc. bought a new stake in Centrus Energy in the 4th quarter valued at $15,215,000. Soros Fund Management LLC bought a new stake in Centrus Energy in the 4th quarter valued at $14,821,000. Vanguard Group Inc. increased its holdings in Centrus Energy by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock valued at $64,438,000 after buying an additional 71,872 shares during the period. Finally, Wellington Management Group LLP bought a new stake in Centrus Energy in the 4th quarter valued at $3,474,000. Institutional investors own 49.96% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on LEU. Evercore ISI began coverage on shares of Centrus Energy in a report on Wednesday, May 14th. They issued an “outperform” rating and a $145.00 target price on the stock. Craig Hallum began coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a “buy” rating and a $129.00 target price on the stock. Citigroup began coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 target price on the stock. HC Wainwright assumed coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price on the stock. Finally, William Blair assumed coverage on shares of Centrus Energy in a research report on Wednesday. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $143.67.

Centrus Energy Stock Performance

Centrus Energy stock opened at $126.92 on Friday. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $136.00. The company has a market cap of $2.13 billion, a PE ratio of 28.78 and a beta of 1.14. The company’s 50-day moving average is $78.68 and its two-hundred day moving average is $80.60.

Centrus Energy (NYSE:LEU) last released its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same quarter in the prior year, the firm posted ($0.38) EPS. The company’s quarterly revenue was up 67.3% on a year-over-year basis. Equities analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Insider Activity at Centrus Energy

In related news, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.

Centrus Energy Company Profile

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.