Centrus Energy Corp. (NYSE:LEU) Shares Bought by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. raised its stake in Centrus Energy Corp. (NYSE:LEU) by 22.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 124,381 shares of the company’s stock after buying an additional 22,605 shares during the quarter. Diamond Hill Capital Management Inc. owned about 0.76% of Centrus Energy worth $6,822,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of LEU. Private Advisor Group LLC lifted its position in Centrus Energy by 43.6% in the first quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock valued at $345,000 after buying an additional 2,523 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Centrus Energy by 207.3% during the first quarter. BNP Paribas Financial Markets now owns 10,090 shares of the company’s stock worth $419,000 after purchasing an additional 6,807 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Centrus Energy by 2.8% during the first quarter. Russell Investments Group Ltd. now owns 28,544 shares of the company’s stock worth $1,185,000 after purchasing an additional 766 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Centrus Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock worth $31,815,000 after purchasing an additional 17,033 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock worth $14,048,000 after purchasing an additional 46,254 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on LEU shares. B. Riley increased their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. Roth Capital lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, Roth Mkm cut their target price on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $92.00.

Centrus Energy Stock Down 0.4 %

LEU stock opened at $91.35 on Tuesday. The company’s 50 day moving average price is $64.63 and its 200 day moving average price is $50.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $118.36. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 18.82 and a beta of 1.19.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.48). The company had revenue of $57.70 million during the quarter, compared to analysts’ expectations of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. On average, equities research analysts anticipate that Centrus Energy Corp. will post 2.4 EPS for the current fiscal year.

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.