Universal Beteiligungs und Servicegesellschaft mbH Has $6.50 Million Stock Position in Centrus Energy Corp. $LEU

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 158.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,951 shares of the company’s stock after purchasing an additional 12,851 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Centrus Energy worth $6,496,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 360 Financial Inc. bought a new position in shares of Centrus Energy in the 2nd quarter valued at about $220,000. GC Wealth Management RIA LLC bought a new stake in shares of Centrus Energy in the 2nd quarter valued at about $1,099,000. Clear Creek Financial Management LLC acquired a new stake in Centrus Energy in the 2nd quarter valued at about $227,000. TB Alternative Assets Ltd. grew its holdings in Centrus Energy by 125.1% during the third quarter. TB Alternative Assets Ltd. now owns 93,888 shares of the company’s stock worth $29,112,000 after purchasing an additional 52,181 shares during the period. Finally, Moody Aldrich Partners LLC bought a new position in Centrus Energy during the third quarter worth about $3,024,000. 49.96% of the stock is owned by institutional investors.

Centrus Energy Stock Performance

NYSE:LEU opened at $296.62 on Monday. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 45.08 and a beta of 1.24. Centrus Energy Corp. has a fifty-two week low of $49.40 and a fifty-two week high of $464.25. The company has a debt-to-equity ratio of 3.23, a quick ratio of 2.79 and a current ratio of 3.46. The stock has a fifty day moving average price of $270.24 and a 200-day moving average price of $269.63.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results 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 period last year, the company posted ($0.30) earnings per share. The firm’s revenue was up 29.8% compared to the same quarter last year. As a group, equities analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $357.00 price objective on shares of Centrus Energy in a research report on Monday, December 22nd. JPMorgan Chase & Co. dropped 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. Roth Mkm lifted their price objective on shares of Centrus Energy from $117.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. UBS Group set a $245.00 price objective on shares of Centrus Energy in a report on Tuesday, November 25th. Finally, William Blair restated an “outperform” rating on shares of Centrus Energy in a research note on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $253.33.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.