Centrus Energy (NYSE:LEU) Now Covered by Craig Hallum

Craig Hallum started coverage on shares of Centrus Energy (NYSE:LEU) in a research note issued on Tuesday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $129.00 price target on the stock. Craig Hallum’s price objective would suggest a potential upside of 107.36% from the stock’s previous close.

Several other brokerages also recently weighed in on LEU. Citigroup began coverage on shares of Centrus Energy in a research note on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price target on the stock. HC Wainwright began coverage on Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price on the stock. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $143.40.

Centrus Energy Price Performance

Centrus Energy stock opened at $62.21 on Tuesday. The business has a 50 day simple moving average of $87.04 and a 200-day simple moving average of $78.16. Centrus Energy has a 12 month low of $33.51 and a 12 month high of $122.95. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The stock has a market capitalization of $1.04 billion, a PE ratio of 14.11 and a beta of 1.35.

Insider Activity

In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Centrus Energy

A number of large investors have recently added to or reduced their stakes in LEU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Centrus Energy by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company’s stock worth $65,276,000 after acquiring an additional 13,764 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Centrus Energy by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock worth $64,438,000 after purchasing an additional 71,872 shares during the last quarter. FMR LLC lifted its stake in Centrus Energy by 79.3% in the 3rd quarter. FMR LLC now owns 426,249 shares of the company’s stock valued at $23,380,000 after buying an additional 188,478 shares in the last quarter. Anatole Investment Management Ltd purchased a new stake in Centrus Energy in the 4th quarter valued at approximately $27,880,000. Finally, Geode Capital Management LLC grew its holdings in Centrus Energy by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 325,603 shares of the company’s stock valued at $21,694,000 after buying an additional 5,668 shares during the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

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.