Aquatic Capital Management LLC Buys Shares of 36,779 Centrus Energy Corp. $LEU

Aquatic Capital Management LLC purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 36,779 shares of the company’s stock, valued at approximately $11,404,000. Aquatic Capital Management LLC owned about 0.20% of Centrus Energy as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LEU. Alliancebernstein L.P. raised its stake in Centrus Energy by 1.1% during the third quarter. Alliancebernstein L.P. now owns 18,570 shares of the company’s stock worth $5,758,000 after buying an additional 200 shares during the last quarter. Creative Planning boosted its position in Centrus Energy by 80.5% during the third quarter. Creative Planning now owns 4,281 shares of the company’s stock valued at $1,327,000 after acquiring an additional 1,909 shares during the last quarter. Credit Agricole S A acquired a new stake in Centrus Energy during the 3rd quarter worth about $5,365,000. Raymond James Financial Inc. grew its holdings in Centrus Energy by 5.3% during the 3rd quarter. Raymond James Financial Inc. now owns 63,542 shares of the company’s stock worth $19,702,000 after acquiring an additional 3,215 shares during the period. Finally, Virtu Financial LLC raised its position in shares of Centrus Energy by 24.0% in the 3rd quarter. Virtu Financial LLC now owns 14,649 shares of the company’s stock worth $4,542,000 after acquiring an additional 2,831 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on LEU shares. Stifel Nicolaus set a $246.00 price objective on Centrus Energy in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Centrus Energy in a report on Monday, December 29th. 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. Northland Securities set a $285.00 price target on Centrus Energy in a report on Thursday, February 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $357.00 price objective on shares of Centrus Energy in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.83.

Centrus Energy Price Performance

Shares of NYSE LEU opened at $209.53 on Monday. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 50.25 and a beta of 1.26. The company has a debt-to-equity ratio of 1.54, a quick ratio of 4.83 and a current ratio of 5.59. Centrus Energy Corp. has a fifty-two week low of $49.40 and a fifty-two week high of $464.25. The firm’s 50-day simple moving average is $252.82 and its 200 day simple moving average is $273.96.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.63). The company had revenue of $146.20 million for the quarter, compared to the consensus estimate of $145.40 million. Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.Centrus Energy’s quarterly revenue was down 3.6% on a year-over-year basis. As a group, research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

About Centrus Energy

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.