Price T Rowe Associates Inc. MD Has $14.54 Million Position in Centrus Energy Corp. (NYSE:LEU)

Price T Rowe Associates Inc. MD lessened its position in Centrus Energy Corp. (NYSE:LEU) by 26.7% during the 4th quarter, Holdings Channel reports. The firm owned 218,253 shares of the company’s stock after selling 79,591 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Centrus Energy were worth $14,539,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Stifel Financial Corp grew its stake in Centrus Energy by 35.4% during the fourth quarter. Stifel Financial Corp now owns 28,844 shares of the company’s stock worth $1,921,000 after buying an additional 7,543 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Centrus Energy by 5.6% during the 4th quarter. MetLife Investment Management LLC now owns 8,645 shares of the company’s stock valued at $576,000 after purchasing an additional 455 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Centrus Energy by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 320,876 shares of the company’s stock valued at $21,375,000 after purchasing an additional 8,539 shares during the last quarter. Altshuler Shaham Ltd acquired a new position in Centrus Energy in the fourth quarter worth $49,000. Finally, Summit Investment Advisors Inc. increased its stake in shares of Centrus Energy by 16.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company’s stock valued at $93,000 after buying an additional 195 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Craig Hallum assumed coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a “buy” rating and a $129.00 price target on the stock. StockNews.com raised shares of 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 set a “buy” rating and a $300.00 price objective on the stock. Finally, Citigroup assumed coverage on Centrus Energy in a research note on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $143.40.

Centrus Energy Stock Performance

Shares of Centrus Energy stock opened at $73.42 on Friday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95. The firm has a fifty day moving average of $70.65 and a two-hundred day moving average of $79.47. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 16.65 and a beta of 1.26.

Insiders Place Their Bets

In other Centrus Energy 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 transaction of $481,240.00. Following the transaction, the senior vice president now directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company 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.