Goldman Sachs Group Inc. Has $3.17 Million Position in Centrus Energy Corp. $LEU

Goldman Sachs Group Inc. lowered its position in Centrus Energy Corp. (NYSE:LEU) by 74.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 50,979 shares of the company’s stock after selling 145,002 shares during the period. Goldman Sachs Group Inc. owned 0.30% of Centrus Energy worth $3,171,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of LEU. Nuveen Asset Management LLC lifted its holdings in Centrus Energy by 0.6% during the fourth quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company’s stock valued at $1,947,000 after purchasing an additional 188 shares during the last quarter. New York State Common Retirement Fund lifted its stake in Centrus Energy by 4.6% in the first quarter. New York State Common Retirement Fund now owns 4,504 shares of the company’s stock worth $280,000 after acquiring an additional 200 shares during the period. HighTower Advisors LLC lifted its position in Centrus Energy by 4.8% during the first quarter. HighTower Advisors LLC now owns 5,055 shares of the company’s stock valued at $314,000 after buying an additional 231 shares during the period. Nomura Holdings Inc. increased its holdings in shares of Centrus Energy by 5.8% during the first quarter. Nomura Holdings Inc. now owns 4,569 shares of the company’s stock valued at $284,000 after acquiring an additional 251 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its holdings in Centrus Energy by 3.0% in the 1st quarter. SeaCrest Wealth Management LLC now owns 12,068 shares of the company’s stock worth $751,000 after buying an additional 353 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LEU shares. Northland Capmk raised Centrus Energy to a “strong-buy” rating in a research report on Monday, July 7th. Evercore ISI raised their target price on Centrus Energy from $251.00 to $252.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a research report on Wednesday, July 9th. B. Riley reiterated a “buy” rating and set a $221.00 target price (up previously from $134.00) on shares of Centrus Energy in a research report on Monday, June 23rd. Finally, HC Wainwright reissued a “buy” rating and set a $300.00 price target on shares of Centrus Energy in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Centrus Energy has a consensus rating of “Moderate Buy” and a consensus target price of $202.09.

Centrus Energy Price Performance

NYSE LEU opened at $294.49 on Friday. Centrus Energy Corp. has a 1 year low of $42.20 and a 1 year high of $301.57. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock has a market capitalization of $5.36 billion, a P/E ratio of 66.78 and a beta of 1.53. The business’s fifty day moving average is $215.39 and its two-hundred day moving average is $144.24.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating 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%. The business’s quarterly revenue was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 EPS. On average, research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share 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.