Centrus Energy Corp. (NYSE:LEU) Shares Bought by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. raised its holdings in Centrus Energy Corp. (NYSE:LEU) by 22.2% in the third quarter, Holdings Channel.com reports. The fund owned 124,381 shares of the company’s stock after buying an additional 22,605 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Centrus Energy were worth $6,822,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LEU. Point72 DIFC Ltd acquired a new stake in Centrus Energy in the second quarter valued at $42,000. Wolff Wiese Magana LLC acquired a new stake in Centrus Energy in the second quarter valued at $43,000. nVerses Capital LLC lifted its holdings in Centrus Energy by 133.3% in the second quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after acquiring an additional 800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Centrus Energy by 181.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock valued at $115,000 after acquiring an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp acquired a new stake in Centrus Energy in the third quarter valued at $203,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. StockNews.com upgraded Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Roth Mkm dropped their price target on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. B. Riley raised their price target on Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, Roth Capital cut Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $92.00.

Centrus Energy Stock Down 0.4 %

LEU opened at $91.35 on Tuesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 18.82 and a beta of 1.19. The business has a 50-day moving average of $64.63 and a two-hundred day moving average of $50.58. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $118.36.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.48). The firm had revenue of $57.70 million during the quarter, compared to analyst estimates of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. On average, research analysts expect that Centrus Energy Corp. will post 2.4 earnings per share for the current year.

About Centrus Energy

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.