Point72 Asset Management L.P. Has $8.56 Million Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Point72 Asset Management L.P. boosted its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 107.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,535 shares of the company’s stock after buying an additional 66,512 shares during the period. Point72 Asset Management L.P. owned approximately 0.78% of Centrus Energy worth $8,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of LEU. Cape Investment Advisory Inc. purchased a new stake in shares of Centrus Energy in the fourth quarter worth approximately $27,000. PNC Financial Services Group Inc. increased its stake in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after buying an additional 192 shares during the period. Altshuler Shaham Ltd purchased a new stake in Centrus Energy in the 4th quarter worth approximately $49,000. National Bank of Canada FI acquired a new stake in shares of Centrus Energy during the 4th quarter valued at $51,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Centrus Energy by 33,333.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock valued at $67,000 after buying an additional 1,000 shares during the period. 49.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LEU. Citigroup began coverage on Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price objective for the company. StockNews.com upgraded Centrus Energy to a “sell” rating in a report on Monday, February 10th. HC Wainwright began coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price objective on the stock. Evercore ISI initiated coverage on shares of Centrus Energy in a research note on Wednesday, May 14th. They issued an “outperform” rating and a $145.00 target price for the company. Finally, Craig Hallum began coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They issued a “buy” rating and a $129.00 target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $143.67.

Insider Buying and Selling at Centrus Energy

In other news, SVP John M. A. Donelson sold 3,732 shares of the firm’s stock in a transaction 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 SEC, which is available at this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Centrus Energy Stock Down 0.6%

LEU opened at $95.75 on Monday. The firm has a market cap of $1.61 billion, a P/E ratio of 21.71 and a beta of 1.14. 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 business has a 50 day moving average price of $71.42 and a 200 day moving average price of $78.95. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.95.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the business earned ($0.38) earnings per share. Centrus Energy’s quarterly revenue was up 67.3% compared to the same quarter last year. Research analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current year.

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.