Voya Investment Management LLC Has $244,000 Stock Position in Centrus Energy Corp. $LEU

Voya Investment Management LLC reduced its position in shares of Centrus Energy Corp. (NYSE:LEU) by 7.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,921 shares of the company’s stock after selling 326 shares during the period. Voya Investment Management LLC’s holdings in Centrus Energy were worth $244,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in LEU. Granahan Investment Management LLC acquired a new position in Centrus Energy during the first quarter valued at approximately $13,440,000. Raymond James Financial Inc. raised its position in Centrus Energy by 944.9% during the first quarter. Raymond James Financial Inc. now owns 58,057 shares of the company’s stock valued at $3,612,000 after purchasing an additional 52,501 shares in the last quarter. Wellington Management Group LLP acquired a new position in Centrus Energy during the fourth quarter valued at approximately $3,474,000. Nuveen LLC acquired a new position in Centrus Energy during the first quarter valued at approximately $2,913,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Centrus Energy by 3.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after buying an additional 32,002 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Stock Performance

Shares of Centrus Energy stock opened at $315.62 on Tuesday. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a twelve month low of $49.40 and a twelve month high of $338.00. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 71.57 and a beta of 1.53. The company’s fifty day moving average is $224.43 and its 200 day moving average is $154.68.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data 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%. The company’s revenue was down 18.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.89 EPS. Sell-side analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on LEU shares. Evercore ISI boosted their target price on shares of Centrus Energy from $251.00 to $252.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. JPMorgan Chase & Co. boosted their target price on shares of Centrus Energy from $150.00 to $164.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a research note on Wednesday, July 9th. Northland Capmk raised shares of Centrus Energy to a “strong-buy” rating in a research note on Monday, July 7th. Finally, UBS Group raised shares of Centrus Energy to a “hold” rating and set a $215.00 target price on the stock in a research note on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $202.09.

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.