Centrus Energy Corp. (NYSE:LEU) is Boundary Creek Advisors LP’s 6th Largest Position

Boundary Creek Advisors LP lessened its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 62.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 218,818 shares of the company’s stock after selling 360,377 shares during the quarter. Centrus Energy makes up approximately 1.0% of Boundary Creek Advisors LP’s portfolio, making the stock its 6th biggest position. Boundary Creek Advisors LP owned 1.33% of Centrus Energy worth $14,575,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LEU. Barclays PLC lifted its stake in Centrus Energy by 103.8% in the third quarter. Barclays PLC now owns 37,588 shares of the company’s stock worth $2,061,000 after acquiring an additional 19,140 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Centrus Energy by 97.9% in the third quarter. Rockefeller Capital Management L.P. now owns 63,480 shares of the company’s stock worth $3,482,000 after acquiring an additional 31,408 shares during the period. Geode Capital Management LLC lifted its stake in Centrus Energy by 4.9% in the third quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock worth $17,552,000 after acquiring an additional 15,080 shares during the period. Legacy Bridge LLC purchased a new stake in Centrus Energy in the fourth quarter worth $657,000. Finally, Algert Global LLC purchased a new stake in Centrus Energy in the third quarter worth $929,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Insider Buying and Selling

In related news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction dated 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 sale, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on LEU shares. StockNews.com upgraded Centrus Energy to a “sell” rating in a report on Monday, February 10th. HC Wainwright started coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price objective for the company. Finally, Citigroup started coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price objective for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $147.00.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $75.97 on Thursday. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year 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 business has a fifty day moving average price of $87.44 and a 200-day moving average price of $76.01. The company has a market capitalization of $1.27 billion, a PE ratio of 17.23 and a beta of 1.35.

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.