American Century Companies Inc. Raises Stock Holdings in Centrus Energy Corp. $LEU

American Century Companies Inc. raised its position in shares of Centrus Energy Corp. (NYSE:LEU) by 78.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 442,261 shares of the company’s stock after buying an additional 194,909 shares during the period. American Century Companies Inc. owned about 2.43% of Centrus Energy worth $137,132,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its stake in shares of Centrus Energy by 157.7% during the second quarter. Nisa Investment Advisors LLC now owns 183 shares of the company’s stock valued at $34,000 after acquiring an additional 112 shares during the last quarter. Rothschild Investment LLC increased its holdings in Centrus Energy by 54.9% during the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after purchasing an additional 45 shares during the period. Mather Group LLC. bought a new position in Centrus Energy during the 3rd quarter valued at approximately $41,000. Atlantic Union Bankshares Corp bought a new position in Centrus Energy during the 3rd quarter valued at approximately $41,000. Finally, Comerica Bank lifted its holdings in Centrus Energy by 589.5% in the 1st quarter. Comerica Bank now owns 655 shares of the company’s stock worth $41,000 after buying an additional 560 shares during the period. Institutional investors own 49.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on LEU shares. Needham & Company LLC reissued a “buy” rating and set a $357.00 target price on shares of Centrus Energy in a research note on Monday, December 22nd. UBS Group set a $245.00 price objective on shares of Centrus Energy in a research report on Tuesday, November 25th. B. Riley Financial raised their target price on shares of Centrus Energy from $221.00 to $315.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Northland Securities set a $285.00 target price on shares of Centrus Energy in a research note on Thursday, February 12th. Finally, Citigroup decreased their price target on shares of Centrus Energy from $292.00 to $225.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $263.00.

Centrus Energy Trading Down 4.1%

Shares of NYSE LEU opened at $202.34 on Monday. Centrus Energy Corp. has a 1 year low of $49.40 and a 1 year high of $464.25. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.59 and a quick ratio of 4.83. The firm has a 50-day moving average of $263.53 and a 200 day moving average of $272.81. The stock has a market cap of $3.98 billion, a P/E ratio of 48.52 and a beta of 1.26.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data 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 15.52% and a net margin of 17.34%.The business had revenue of $146.20 million during the quarter, compared to analysts’ expectations of $145.40 million. The business’s revenue was down 3.6% compared to the same quarter last year. As a group, sell-side analysts expect that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

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.