Baader Bank Aktiengesellschaft Sells 4,866 Shares of Centrus Energy Corp. $LEU

Baader Bank Aktiengesellschaft trimmed its stake in shares of Centrus Energy Corp. (NYSE:LEUFree Report) by 67.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,310 shares of the company’s stock after selling 4,866 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Centrus Energy were worth $686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings 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 acquiring an additional 204,983 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Centrus Energy in the 2nd quarter valued at $19,142,000. Franklin Resources Inc. bought a new stake in shares of Centrus Energy in the 2nd quarter valued at $16,324,000. First Trust Advisors LP increased its position in shares of Centrus Energy by 193.0% during the second 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 period. Finally, Voya Investment Management LLC raised its stake in Centrus Energy by 1,597.2% during the third quarter. Voya Investment Management LLC now owns 68,754 shares of the company’s stock worth $21,319,000 after buying an additional 64,703 shares during the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Trading Down 20.5%

Shares of Centrus Energy stock opened at $210.55 on Thursday. The stock has a market capitalization of $3.83 billion, a PE ratio of 50.49 and a beta of 1.21. Centrus Energy Corp. has a 52 week low of $49.40 and a 52 week high of $464.25. The stock has a 50 day moving average price of $275.73 and a two-hundred day moving average price of $273.82. The company has a debt-to-equity ratio of 3.23, a quick ratio of 2.79 and a current ratio of 3.46.

Centrus Energy (NYSE:LEUGet Free Report) last issued its earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.63). Centrus Energy had a return on equity of 21.15% and a net margin of 17.34%.The firm had revenue of $146.20 million for the quarter, compared to analyst estimates of $145.40 million. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. As a group, equities analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LEU has been the topic of a number of research analyst reports. Northland Securities set a $325.00 price target on shares of Centrus Energy in a research report on Wednesday, January 7th. JPMorgan Chase & Co. dropped their price objective on Centrus Energy from $245.00 to $242.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Evercore restated an “outperform” rating and set a $390.00 target price on shares of Centrus Energy in a research report on Monday, January 5th. Roth Mkm reaffirmed a “neutral” rating and set a $137.00 target price on shares of Centrus Energy in a research note on Wednesday. Finally, B. Riley Financial boosted their price target on Centrus Energy from $221.00 to $315.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Centrus Energy presently has an average rating of “Moderate Buy” and an average price target of $254.08.

View Our Latest Stock Analysis on Centrus Energy

Key Headlines Impacting Centrus Energy

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Centrus Energy Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Centrus Energy (NYSE:LEU)

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