Canton Hathaway LLC Buys Shares of 2,410 Centrus Energy Corp. (NYSE:LEU)

Canton Hathaway LLC bought a new stake in Centrus Energy Corp. (NYSE:LEU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,410 shares of the company’s stock, valued at approximately $161,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Evermay Wealth Management LLC boosted its stake in shares of Centrus Energy by 3.5% during the 3rd quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock worth $284,000 after acquiring an additional 175 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Centrus Energy by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock worth $345,000 after acquiring an additional 186 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Centrus Energy by 5.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company’s stock worth $673,000 after acquiring an additional 562 shares in the last quarter. Portland Investment Counsel Inc. boosted its stake in shares of Centrus Energy by 23.1% during the 3rd quarter. Portland Investment Counsel Inc. now owns 8,000 shares of the company’s stock worth $439,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Hollow Brook Wealth Management LLC boosted its stake in shares of Centrus Energy by 4.1% during the 3rd quarter. Hollow Brook Wealth Management LLC now owns 38,920 shares of the company’s stock worth $2,135,000 after acquiring an additional 1,521 shares in the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Price Performance

NYSE LEU opened at $89.58 on Tuesday. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.94. 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 stock has a market capitalization of $1.50 billion, a PE ratio of 20.31 and a beta of 1.17. The stock has a 50-day simple moving average of $84.15 and a 200 day simple moving average of $71.22.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on LEU. Roth Mkm decreased their price target on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Monday, February 10th. B. Riley boosted their price objective on Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, HC Wainwright started coverage on Centrus Energy in a research report on Tuesday. They set a “buy” rating and a $300.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $161.33.

Insider Buying and Selling 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 value of $481,240.00. Following the completion of the transaction, the senior vice president now owns 9,402 shares of the company’s stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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.