Centrus Energy Corp. (NYSE:LEU) SVP Sells $481,240.00 in Stock

Centrus Energy Corp. (NYSE:LEU) SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction dated 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. The trade was a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Centrus Energy Stock Down 3.2 %

LEU opened at $113.99 on Friday. The firm has a 50 day moving average price of $80.53 and a 200 day moving average price of $68.30. The company has a market cap of $1.87 billion, a PE ratio of 25.85 and a beta of 1.17. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $122.94. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LEU shares. Roth Mkm cut their price objective on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Monday, February 10th. Finally, B. Riley increased their target price 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.

Institutional Trading of Centrus Energy

A number of hedge funds have recently made changes to their positions in the company. Evermay Wealth Management LLC raised its stake in shares of Centrus Energy by 3.5% during the third quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock valued at $284,000 after purchasing an additional 175 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock valued at $345,000 after purchasing an additional 186 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after purchasing an additional 192 shares during the period. Old West Investment Management LLC raised its stake in shares of Centrus Energy by 1.9% during the fourth quarter. Old West Investment Management LLC now owns 10,147 shares of the company’s stock valued at $676,000 after purchasing an additional 192 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in shares of Centrus Energy by 16.2% during the fourth quarter. Ameritas Investment Partners Inc. now owns 1,399 shares of the company’s stock valued at $93,000 after purchasing an additional 195 shares during the period. Hedge funds and other institutional investors own 49.96% 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.