Centrus Energy (NYSE:LEU) Lifted to Hold at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) from a sell rating to a hold rating in a research report report published on Friday morning.

A number of other research analysts have also recently commented on the company. TheStreet upgraded Centrus Energy from a d- rating to a c rating in a research report on Friday, February 9th. B. Riley restated a buy rating and issued a $72.00 price target on shares of Centrus Energy in a research report on Tuesday, February 13th.

Centrus Energy Stock Up 1.8 %

LEU opened at $41.37 on Friday. Centrus Energy has a fifty-two week low of $24.88 and a fifty-two week high of $61.35. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.80 and a current ratio of 1.45. The company has a market capitalization of $648.68 million, a P/E ratio of 7.66 and a beta of 1.39. The stock has a fifty day moving average of $41.96 and a 200-day moving average of $48.48.

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

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of Centrus Energy stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $40.24, for a total value of $646,777.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.40% of the company’s stock.

Institutional Inflows and Outflows

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

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.