Deutsche Bank AG Has $806,000 Stake in Centrus Energy Corp. $LEU

Deutsche Bank AG decreased its position in Centrus Energy Corp. (NYSE:LEU) by 9.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,961 shares of the company’s stock after selling 1,424 shares during the period. Deutsche Bank AG owned approximately 0.08% of Centrus Energy worth $806,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of Centrus Energy by 8,075.0% in the 1st quarter. GAMMA Investing LLC now owns 12,753 shares of the company’s stock worth $793,000 after acquiring an additional 12,597 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Centrus Energy by 380.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company’s stock worth $401,000 after buying an additional 5,108 shares during the period. KBC Group NV bought a new position in Centrus Energy in the 1st quarter valued at $53,000. Teacher Retirement System of Texas boosted its holdings in Centrus Energy by 21.1% in the 1st quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company’s stock valued at $866,000 after purchasing an additional 2,422 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Centrus Energy by 20.9% during the 4th quarter. JPMorgan Chase & Co. now owns 7,604 shares of the company’s stock valued at $507,000 after buying an additional 1,316 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Insider Activity at Centrus Energy

In related news, CFO Kevin J. Harrill sold 1,728 shares of Centrus Energy stock in a transaction on 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 SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Centrus Energy Stock Performance

NYSE:LEU opened at $185.28 on Tuesday. The company has a fifty day moving average of $200.87 and a two-hundred day moving average of $129.16. The stock has a market capitalization of $3.37 billion, a PE ratio of 42.01 and a beta of 1.35. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a fifty-two week low of $34.91 and a fifty-two week high of $264.90.

Centrus Energy (NYSE:LEU) last announced its earnings results on Tuesday, August 5th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same quarter last year, the firm earned $1.89 earnings per share. The company’s revenue was down 18.3% on a year-over-year basis. As a group, research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Centrus Energy from $150.00 to $164.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. B. Riley reissued a “buy” rating and set a $221.00 price objective (up from $134.00) on shares of Centrus Energy in a report on Monday, June 23rd. UBS Group raised shares of Centrus Energy to a “hold” rating and set a $215.00 target price for the company in a report on Monday, July 21st. Bank of America restated a “neutral” rating and set a $285.00 target price (up previously from $210.00) on shares of Centrus Energy in a research report on Thursday, August 7th. Finally, Evercore ISI increased their price objective on shares of Centrus Energy from $251.00 to $252.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $202.09.

Centrus Energy 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.