Goehring & Rozencwajg Associates LLC Increases Holdings in Centrus Energy Corp. $LEU

Goehring & Rozencwajg Associates LLC raised its position in Centrus Energy Corp. (NYSE:LEU) by 6.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 171,114 shares of the company’s stock after buying an additional 10,127 shares during the period. Centrus Energy comprises approximately 4.0% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 9th largest holding. Goehring & Rozencwajg Associates LLC owned about 0.94% of Centrus Energy worth $41,540,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Vermillion Wealth Management Inc. boosted its position in Centrus Energy by 5,000.0% in the 4th quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the last quarter. RiverPark Advisors LLC bought a new position in Centrus Energy in the 3rd quarter valued at $33,000. Fulcrum Asset Management LLP bought a new position in Centrus Energy in the 3rd quarter valued at $34,000. Aventura Private Wealth LLC bought a new position in Centrus Energy in the 4th quarter valued at $30,000. Finally, Rothschild Investment LLC lifted its stake in shares of Centrus Energy by 54.9% in the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after purchasing an additional 45 shares during the period. 49.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LEU has been the topic of a number of analyst reports. Weiss Ratings downgraded Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Zacks Research raised Centrus Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Citigroup cut their price target on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. UBS Group cut their price target on Centrus Energy from $245.00 to $195.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Finally, B. Riley Financial cut their price target on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Centrus Energy presently has an average rating of “Moderate Buy” and an average price target of $268.18.

Insider Buying and Selling

In related news, CFO Todd M. Tinelli sold 306 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.72% of the company’s stock.

Centrus Energy Stock Performance

LEU stock opened at $162.73 on Friday. The business’s fifty day moving average is $189.11 and its 200-day moving average is $225.54. The company has a quick ratio of 4.88, a current ratio of 5.72 and a debt-to-equity ratio of 1.52. The company has a market cap of $3.20 billion, a P/E ratio of 53.88, a price-to-earnings-growth ratio of 19.63 and a beta of 1.34. Centrus Energy Corp. has a twelve month low of $144.65 and a twelve month high of $464.25.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. The company had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.60 EPS. Equities research analysts forecast that Centrus Energy Corp. will post 2.7 EPS for the current year.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.