Wealth Enhancement Advisory Services LLC Acquires 5,108 Shares of Centrus Energy Corp. (NYSE:LEU)

Wealth Enhancement Advisory Services LLC increased its holdings in Centrus Energy Corp. (NYSE:LEU) by 380.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,449 shares of the company’s stock after purchasing an additional 5,108 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Centrus Energy were worth $401,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of LEU. Charles Schwab Investment Management Inc. increased its position in Centrus Energy by 5.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company’s stock valued at $8,086,000 after acquiring an additional 6,709 shares during the last quarter. Raymond James Financial Inc. bought a new position in Centrus Energy during the fourth quarter valued at $370,000. PNC Financial Services Group Inc. increased its position in Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after acquiring an additional 192 shares during the last quarter. Prosperity Wealth Management Inc. bought a new position in Centrus Energy during the fourth quarter valued at $309,000. Finally, Farther Finance Advisors LLC increased its position in Centrus Energy by 33,333.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock valued at $67,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 49.96% of the company’s stock.

Insider Transactions at Centrus Energy

In related news, CFO Kevin J. Harrill sold 1,728 shares of the company’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $126.00, for a total value of $217,728.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John M. A. Donelson sold 3,732 shares of the company’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total transaction of $359,428.92. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. William Blair assumed coverage on shares of Centrus Energy in a research report on Wednesday, May 28th. They set an “outperform” rating on the stock. B. Riley reiterated a “buy” rating and set a $221.00 price objective (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. Evercore ISI reiterated an “outperform” rating and set a $205.00 price objective (up previously from $145.00) on shares of Centrus Energy in a research report on Wednesday, June 18th. Bank of America initiated coverage on shares of Centrus Energy in a research report on Wednesday, June 4th. They set a “buy” rating and a $160.00 price objective on the stock. Finally, Craig Hallum initiated coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a “buy” rating and a $129.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $165.63.

Centrus Energy Stock Up 0.1%

NYSE:LEU opened at $176.58 on Monday. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $211.31. The company has a 50-day moving average of $129.49 and a 200 day moving average of $95.87. The firm has a market cap of $3.01 billion, a PE ratio of 40.04 and a beta of 1.45. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, topping 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 period last year, the firm earned ($0.38) earnings per share. The company’s revenue was up 67.3% compared to the same quarter last year. As a group, research analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

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.