Ardsley Advisory Partners LP Invests $458,000 in Centrus Energy Corp. $LEU

Ardsley Advisory Partners LP acquired a new stake in Centrus Energy Corp. (NYSE:LEU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,500 shares of the company’s stock, valued at approximately $458,000.

Other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 worth $62,955,000 after purchasing an additional 32,002 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Centrus Energy by 2.5% in the second quarter. Geode Capital Management LLC now owns 346,860 shares of the company’s stock valued at $63,545,000 after purchasing an additional 8,339 shares in the last quarter. American Century Companies Inc. increased its stake in Centrus Energy by 483.8% in the second quarter. American Century Companies Inc. now owns 247,352 shares of the company’s stock valued at $45,310,000 after purchasing an additional 204,983 shares during the last quarter. Granahan Investment Management LLC acquired a new stake in Centrus Energy during the first quarter worth approximately $13,440,000. Finally, First Trust Advisors LP lifted its position in shares of Centrus Energy by 193.0% during the 2nd quarter. First Trust Advisors LP now owns 134,382 shares of the company’s stock worth $24,616,000 after buying an additional 88,513 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Trading Up 0.3%

Shares of Centrus Energy stock opened at $265.43 on Thursday. The business’s fifty day moving average is $315.56 and its two-hundred day moving average is $242.65. The company has a quick ratio of 2.79, a current ratio of 3.46 and a debt-to-equity ratio of 3.23. Centrus Energy Corp. has a fifty-two week low of $49.40 and a fifty-two week high of $464.25. The firm has a market cap of $4.83 billion, a PE ratio of 40.34 and a beta of 1.33.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.17). Centrus Energy had a net margin of 25.04% and a return on equity of 37.14%. During the same quarter last year, the company posted ($0.30) EPS. The company’s quarterly revenue was up 29.8% compared to the same quarter last year. Analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LEU shares. Needham & Company LLC began coverage on Centrus Energy in a research report on Friday, December 5th. They set a “buy” rating and a $357.00 target price on the stock. HC Wainwright reissued a “buy” rating and issued a $300.00 target price on shares of Centrus Energy in a report on Tuesday, August 26th. UBS Group set a $245.00 price target on Centrus Energy in a report on Tuesday, November 25th. JPMorgan Chase & Co. decreased their price target on Centrus Energy from $275.00 to $245.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Finally, Weiss Ratings began coverage on shares of Centrus Energy in a research report on Friday, December 5th. They issued a “hold (c)” rating on the stock. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $239.36.

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.