Centrus Energy Corp. (NYSE:LEU) Shares Acquired by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC increased its position in Centrus Energy Corp. (NYSE:LEU) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,068 shares of the company’s stock after buying an additional 353 shares during the quarter. SeaCrest Wealth Management LLC owned about 0.07% of Centrus Energy worth $751,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LEU. Anatole Investment Management Ltd acquired a new stake in shares of Centrus Energy in the fourth quarter valued at $27,880,000. Reaves W H & Co. Inc. purchased a new stake in shares of Centrus Energy during the fourth quarter valued at $15,215,000. Soros Fund Management LLC purchased a new stake in shares of Centrus Energy during the fourth quarter valued at $14,821,000. Voloridge Investment Management LLC lifted its holdings in shares of Centrus Energy by 1,300.5% during the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company’s stock valued at $15,664,000 after purchasing an additional 218,364 shares during the last quarter. Finally, Driehaus Capital Management LLC purchased a new stake in shares of Centrus Energy during the fourth quarter valued at $10,367,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Stock Up 5.0%

NYSE:LEU opened at $143.11 on Friday. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 32.45 and a beta of 1.37. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $146.83. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The business’s fifty day moving average price is $83.99 and its 200 day moving average price is $82.16.

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

Insiders Place Their Bets

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the company’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $126.00, for a total value of $217,728.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP John M. A. Donelson sold 3,732 shares of the company’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $96.31, for a total value of $359,428.92. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on LEU. Craig Hallum began coverage on Centrus Energy in a report on Tuesday, April 1st. They set a “buy” rating and a $129.00 target price for the company. Wall Street Zen raised 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 set a “buy” rating and a $300.00 target price for the company. Citigroup began coverage on Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price for the company. Finally, Bank of America initiated coverage on Centrus Energy in a report on Wednesday. They set a “buy” rating and a $160.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.00.

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.