Teacher Retirement System of Texas Grows Holdings in Centrus Energy Corp. (NYSE:LEU)

Teacher Retirement System of Texas boosted its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 21.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,913 shares of the company’s stock after buying an additional 2,422 shares during the quarter. Teacher Retirement System of Texas owned 0.08% of Centrus Energy worth $866,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Centrus Energy by 1.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company’s stock worth $65,276,000 after acquiring an additional 13,764 shares in the last quarter. Vanguard Group Inc. grew its holdings in Centrus Energy by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock worth $64,438,000 after acquiring an additional 71,872 shares in the last quarter. Anatole Investment Management Ltd acquired a new position in Centrus Energy during the 4th quarter worth approximately $27,880,000. Geode Capital Management LLC grew its holdings in Centrus Energy by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 325,603 shares of the company’s stock worth $21,694,000 after acquiring an additional 5,668 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Centrus Energy by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company’s stock worth $21,375,000 after acquiring an additional 8,539 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Stock Up 4.8%

Shares of NYSE:LEU opened at $216.27 on Tuesday. The stock has a market cap of $3.68 billion, a P/E ratio of 49.04 and a beta of 1.45. The firm has a fifty day moving average price of $141.20 and a 200 day moving average price of $100.23. 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 Corp. has a 1-year low of $33.51 and a 1-year high of $217.00.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS 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%. The business’s revenue was up 67.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.38) earnings per share. Sell-side analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Insider Transactions at Centrus Energy

In other news, CFO Kevin J. Harrill sold 1,728 shares of the 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP John M. A. Donelson sold 3,732 shares of the stock in a transaction dated Tuesday, May 13th. The shares were 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. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on LEU shares. Stifel Nicolaus started coverage on shares of Centrus Energy in a report on Friday. They set a “buy” rating and a $220.00 price target for the company. Bank of America initiated coverage on shares of Centrus Energy in a report on Wednesday, June 4th. They issued a “buy” rating and a $160.00 target price for the company. JPMorgan Chase & Co. initiated coverage on shares of Centrus Energy in a report on Thursday, June 26th. They issued a “neutral” rating and a $148.00 target price for the company. 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 target price for the company. Finally, William Blair restated an “outperform” rating on shares of Centrus Energy in a report on Wednesday, July 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Centrus Energy currently has an average rating of “Moderate Buy” and a consensus target price of $175.00.

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.