Centrus Energy Corp. (NYSE:LEU) Shares Acquired by Sara Bay Financial

Sara Bay Financial boosted its holdings in Centrus Energy Corp. (NYSE:LEU) by 3.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 337,201 shares of the company’s stock after acquiring an additional 12,514 shares during the quarter. Centrus Energy accounts for about 5.8% of Sara Bay Financial’s holdings, making the stock its 5th biggest position. Sara Bay Financial’s holdings in Centrus Energy were worth $14,415,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of LEU. Wolff Wiese Magana LLC acquired a new stake in Centrus Energy in the 2nd quarter valued at $43,000. SeaCrest Wealth Management LLC acquired a new stake in Centrus Energy in the 1st quarter valued at $216,000. Vontobel Holding Ltd. grew its position in Centrus Energy by 10.4% in the 4th quarter. Vontobel Holding Ltd. now owns 6,046 shares of the company’s stock valued at $329,000 after purchasing an additional 569 shares during the period. Private Advisor Group LLC grew its position in Centrus Energy by 43.6% in the 1st quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock valued at $345,000 after purchasing an additional 2,523 shares during the period. Finally, Jump Financial LLC acquired a new stake in Centrus Energy in the 4th quarter valued at $386,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analyst Ratings Changes

LEU has been the subject of several research reports. Roth Mkm reduced their price target on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Wednesday, August 7th.

Centrus Energy Stock Up 4.4 %

LEU traded up $1.63 during mid-day trading on Monday, reaching $38.95. 198,883 shares of the stock were exchanged, compared to its average volume of 229,343. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52. The stock has a market capitalization of $610.58 million, a PE ratio of 8.20 and a beta of 1.33. The company has a 50 day moving average price of $42.05 and a two-hundred day moving average price of $43.11. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $61.35.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12. The firm had revenue of $189.00 million for the quarter, compared to the consensus estimate of $82.70 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. As a group, research analysts anticipate that Centrus Energy Corp. will post 3.06 EPS for the current year.

Centrus Energy 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.