Graham Capital Management L.P. Invests $591,000 in Centrus Energy Corp. (NYSE:LEU)

Graham Capital Management L.P. purchased a new stake in Centrus Energy Corp. (NYSE:LEU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,875 shares of the company’s stock, valued at approximately $591,000. Graham Capital Management L.P. owned about 0.05% of Centrus Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cape Investment Advisory Inc. purchased a new stake in Centrus Energy in the 4th quarter valued at $27,000. PNC Financial Services Group Inc. grew its holdings in shares of Centrus Energy by 77.4% in 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. Altshuler Shaham Ltd acquired a new stake in Centrus Energy during the fourth quarter worth about $49,000. National Bank of Canada FI purchased a new position in Centrus Energy during the fourth quarter worth about $51,000. Finally, Farther Finance Advisors LLC boosted its holdings in Centrus Energy by 33,333.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock valued at $67,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Insiders Place Their Bets

In related news, SVP John M. A. Donelson sold 3,732 shares of Centrus Energy stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $96.31, for a total value of $359,428.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Centrus Energy Stock Performance

Shares of Centrus Energy stock opened at $96.31 on Friday. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 21.84 and a beta of 1.14. 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 50-day moving average of $70.99 and a 200 day moving average of $79.34. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of ($0.08) by $1.68. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same period last year, the business earned ($0.38) earnings per share. The company’s revenue was up 67.3% on a year-over-year basis. As a group, sell-side analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LEU shares. Citigroup assumed coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price target for the company. HC Wainwright initiated coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price target on the stock. Evercore ISI started coverage on Centrus Energy in a research report on Wednesday. They set an “outperform” rating and a $145.00 price objective for the company. Craig Hallum began coverage on shares of Centrus Energy in a report on Tuesday, April 1st. They issued a “buy” rating and a $129.00 price objective on the stock. Finally, StockNews.com raised shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Centrus Energy presently has an average rating of “Hold” and a consensus price target of $143.67.

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.