Janney Montgomery Scott LLC Purchases 375 Shares of Centrus Energy Corp. $LEU

Janney Montgomery Scott LLC lifted its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,742 shares of the company’s stock after purchasing an additional 375 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of Centrus Energy worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Centrus Energy by 3.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock valued at $62,955,000 after purchasing an additional 32,002 shares during the last quarter. Granahan Investment Management LLC bought a new stake in shares of Centrus Energy during the 1st quarter valued at approximately $13,440,000. Goehring & Rozencwajg Associates LLC grew its holdings in shares of Centrus Energy by 2.2% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 212,362 shares of the company’s stock valued at $13,211,000 after purchasing an additional 4,606 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Centrus Energy by 35.2% during the 2nd quarter. Exchange Traded Concepts LLC now owns 73,112 shares of the company’s stock worth $13,393,000 after acquiring an additional 19,051 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Centrus Energy by 944.9% during the 1st quarter. Raymond James Financial Inc. now owns 58,057 shares of the company’s stock worth $3,612,000 after acquiring an additional 52,501 shares during the last quarter. 49.96% of the stock is owned by institutional investors.

Centrus Energy Stock Down 2.0%

Centrus Energy stock opened at $363.71 on Friday. 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 12-month low of $49.40 and a 12-month high of $423.24. The firm’s fifty day moving average is $246.78 and its 200 day moving average is $171.41. The company has a market capitalization of $6.62 billion, a PE ratio of 82.47 and a beta of 1.51.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LEU shares. 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 report on Thursday, August 7th. William Blair reissued an “outperform” rating on shares of Centrus Energy in a report on Wednesday, July 9th. Bank of America reissued a “neutral” rating and set a $285.00 target price (up from $210.00) on shares of Centrus Energy in a report on Thursday, August 7th. UBS Group raised shares of Centrus Energy to a “hold” rating and set a $215.00 target price on the stock in a report on Monday, July 21st. Finally, Stifel Nicolaus started coverage on shares of Centrus Energy in a research report on Friday, July 11th. They issued a “buy” rating and a $220.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.