Centrus Energy Corp. (NYSE:LEU) Given Consensus Rating of “Hold” by Brokerages

Centrus Energy Corp. (NYSE:LEU) has been given a consensus recommendation of “Hold” by the five ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $147.00.

A number of research firms have issued reports on LEU. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Monday, February 10th. HC Wainwright began coverage on Centrus Energy in a research note on Tuesday, February 25th. They set a “buy” rating and a $300.00 price objective for the company. Finally, Citigroup began coverage on Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price on the stock.

Centrus Energy Stock Down 4.1 %

Centrus Energy stock opened at $66.25 on Friday. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $122.95. The company has a market cap of $1.11 billion, a PE ratio of 15.02 and a beta of 1.35. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The business’s 50-day simple moving average is $87.35 and its two-hundred day simple moving average is $77.45.

Insiders Place Their Bets

In other news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the sale, the senior vice president now directly owns 9,402 shares of the company’s stock, valued at $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LEU. Anatole Investment Management Ltd purchased a new position in shares of Centrus Energy in the fourth quarter worth about $27,880,000. Reaves W H & Co. Inc. purchased a new position in Centrus Energy in the 4th quarter worth approximately $15,215,000. Soros Fund Management LLC purchased a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $14,821,000. Voloridge Investment Management LLC increased its holdings in shares of Centrus Energy by 1,300.5% in the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company’s stock valued at $15,664,000 after purchasing an additional 218,364 shares during the last quarter. Finally, FMR LLC lifted its position 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 in the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

About Centrus Energy

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.