B. Metzler seel. Sohn & Co. AG Takes $2.11 Million Position in Centrus Energy Corp. $LEU

B. Metzler seel. Sohn & Co. AG bought a new position in shares of Centrus Energy Corp. (NYSE:LEU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,812 shares of the company’s stock, valued at approximately $2,112,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in LEU. 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 buying an additional 52,181 shares in the last quarter. Moody Aldrich Partners LLC bought a new position in Centrus Energy during the 3rd quarter valued at $3,024,000. American Century Companies Inc. lifted its stake in Centrus Energy by 78.8% during the 3rd quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock valued at $137,132,000 after acquiring an additional 194,909 shares in the last quarter. Nordea Investment Management AB purchased a new position in Centrus Energy during the 3rd quarter worth $5,427,000. Finally, Prospera Financial Services Inc purchased a new position in Centrus Energy during the 2nd quarter worth $249,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $200.74 on Wednesday. The company has a market capitalization of $3.95 billion, a P/E ratio of 48.14 and a beta of 1.26. The company’s 50-day moving average is $255.48 and its 200 day moving average is $273.73. 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.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.79 earnings per share (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 analysts’ expectations of $145.40 million. Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.The business’s revenue was down 3.6% compared to the same quarter last year. On average, equities research analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

LEU has been the subject of several analyst reports. Roth Mkm reiterated a “neutral” rating and issued a $137.00 target price on shares of Centrus Energy in a report on Wednesday, February 11th. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a research report on Tuesday, January 6th. Zacks Research lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. UBS Group dropped their target price on shares of Centrus Energy from $245.00 to $195.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Finally, B. Riley Financial boosted their target price on Centrus Energy from $221.00 to $315.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $258.83.

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.