Heartland Advisors Inc. Has $10.06 Million Stake in Centrus Energy Corp. (NYSE:LEU)

Heartland Advisors Inc. trimmed its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 19.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,070 shares of the company’s stock after selling 36,830 shares during the quarter. Heartland Advisors Inc.’s holdings in Centrus Energy were worth $10,063,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Reaves W H & Co. Inc. acquired a new position in Centrus Energy during the fourth quarter worth $15,215,000. FMR LLC increased its holdings in Centrus Energy by 79.3% during the third quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after buying an additional 188,478 shares during the last quarter. TB Alternative Assets Ltd. purchased a new stake in shares of Centrus Energy during the 4th quarter worth approximately $7,907,000. Vanguard Group Inc. lifted its stake in Centrus Energy by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock valued at $64,438,000 after purchasing an additional 71,872 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its position in Centrus Energy by 290.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company’s stock worth $4,732,000 after buying an additional 52,866 shares during the last quarter. 49.96% of the stock is owned by institutional investors.

Centrus Energy Trading Down 1.3 %

Shares of LEU stock opened at $69.10 on Friday. The business has a 50-day moving average price of $87.58 and a two-hundred day moving average price of $77.24. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The firm has a market cap of $1.16 billion, a P/E ratio of 15.67 and a beta of 1.35.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. HC Wainwright started coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price target on the stock. Finally, Citigroup started coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Centrus Energy presently has an average rating of “Hold” and a consensus price target of $147.00.

Insider Transactions at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.