OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Centrus Energy Corp. (NYSE:LEU – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,695 shares of the company’s stock, valued at approximately $654,000.
A number of other hedge funds also recently bought and sold shares of the company. Vermillion Wealth Management Inc. grew its holdings in shares of Centrus Energy by 5,000.0% during the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in Centrus Energy in the 4th quarter worth about $30,000. RiverPark Advisors LLC purchased a new stake in Centrus Energy in the 3rd quarter worth about $33,000. Fulcrum Asset Management LLP acquired a new stake in Centrus Energy during the 3rd quarter worth about $34,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in Centrus Energy during the 4th quarter worth about $36,000. 49.96% of the stock is owned by hedge funds and other institutional investors.
Centrus Energy Stock Performance
Shares of LEU opened at $191.94 on Friday. The company has a market capitalization of $3.78 billion, a PE ratio of 63.56, a price-to-earnings-growth ratio of 23.38 and a beta of 1.34. The company has a debt-to-equity ratio of 1.52, a current ratio of 5.72 and a quick ratio of 4.88. Centrus Energy Corp. has a one year low of $144.65 and a one year high of $464.25. The company’s fifty day moving average price is $188.82 and its 200 day moving average price is $222.94.
Insider Buying and Selling at Centrus Energy
In related news, CFO Todd M. Tinelli sold 306 shares of the stock in a transaction that occurred 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 Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.72% of the company’s stock.
Centrus Energy News Roundup
Here are the key news stories impacting Centrus Energy this week:
- Positive Sentiment: Centrus announced a landmark HALEU fuel deal with Oklo to support Aurora reactors on Oklo’s Ohio campus, strengthening Centrus’s position as a key domestic nuclear fuel supplier. Article: Oklo and Centrus Forge Nuclear Fuel Deal for Ohio Campus
- Positive Sentiment: Shares have been boosted by the market’s view that the Oklo agreement could lead to more upside, with analysts pointing to improving earnings estimate revisions and stronger trading activity. Article: Centrus Energy (LEU) Soars 12.4%: Is Further Upside Left in the Stock?
- Positive Sentiment: Media coverage highlighted the deal as a potential catalyst for future growth, emphasizing that domestic fuel supply agreements could benefit Centrus alongside its partner. Article: Why Centrus Energy Group Stock Surged 12% Higher Today
- Neutral Sentiment: Centrus also extended its Section 382 rights agreement to help preserve tax assets tied to net operating loss carryforwards, a corporate action that is important financially but less likely to be the main stock catalyst. Article: Centrus Energy Corp. Announces Extension of Section 382 Rights Agreement
- Neutral Sentiment: Additional commentary from market outlets noted the stock’s move was also tied to broader enthusiasm around nuclear energy, but did not add a separate company-specific development beyond the Oklo partnership. Article: Oklo Stock Rises on Centrus Pact. Has It Solved the Nuclear Fuel Problem?
- Negative Sentiment: No major negative company-specific news was reported in the latest items, so the stock’s recent move appears driven primarily by the favorable HALEU deal and related optimism.
Analyst Upgrades and Downgrades
LEU has been the topic of a number of research analyst reports. Zacks Research raised shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. UBS Group cut their target price on shares of Centrus Energy from $195.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday. B. Riley Financial decreased their target price on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Weiss Ratings cut shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Finally, Citigroup dropped their price target on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $265.91.
Get Our Latest Stock Report on Centrus Energy
About Centrus Energy
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.
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