Centrus Energy (NYSE:LEU) Trading Down 3.9%

Centrus Energy Corp. (NYSE:LEU) shares fell 3.9% on Tuesday . The stock traded as low as $39.22 and last traded at $39.26. 77,858 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 193,794 shares. The stock had previously closed at $40.87.

Analysts Set New Price Targets

Several research analysts recently commented on LEU shares. B. Riley reaffirmed a “buy” rating and issued a $72.00 price objective on shares of Centrus Energy in a report on Tuesday, February 13th. StockNews.com upgraded Centrus Energy from a “sell” rating to a “hold” rating in a research note on Monday. Finally, TheStreet raised Centrus Energy from a “d-” rating to a “c” rating in a report on Friday, February 9th.

Centrus Energy Stock Up 0.8 %

The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80. The company has a market cap of $648.99 million, a price-to-earnings ratio of 7.67 and a beta of 1.39. The stock’s 50-day moving average is $44.39.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Thursday, February 8th. The company reported $3.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $2.80. The firm had revenue of $103.60 million during the quarter, compared to analysts’ expectations of $61.05 million. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. As a group, analysts expect that Centrus Energy Corp. will post 2.71 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP John M. A. Donelson sold 16,073 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $40.24, for a total transaction of $646,777.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 6.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Centrus Energy

Several hedge funds and other institutional investors have recently modified their holdings of LEU. Swiss National Bank raised its position in Centrus Energy by 7.7% during the 1st quarter. Swiss National Bank now owns 25,200 shares of the company’s stock valued at $849,000 after purchasing an additional 1,800 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Centrus Energy by 22.5% in the first quarter. JPMorgan Chase & Co. now owns 4,598 shares of the company’s stock worth $155,000 after acquiring an additional 845 shares during the period. Acadian Asset Management LLC purchased a new position in Centrus Energy during the 1st quarter valued at $269,000. MetLife Investment Management LLC boosted its stake in shares of Centrus Energy by 57.0% during the 1st quarter. MetLife Investment Management LLC now owns 5,454 shares of the company’s stock valued at $184,000 after purchasing an additional 1,980 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Centrus Energy by 10.8% during the first quarter. Rhumbline Advisers now owns 11,938 shares of the company’s stock valued at $402,000 after buying an additional 1,168 shares during the period. 49.96% of the stock is owned by institutional investors.

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.