1,272 Shares in Centrus Energy Corp. $LEU Purchased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC bought a new position in shares of Centrus Energy Corp. (NYSE:LEU) in the second quarter, HoldingsChannel reports. The firm bought 1,272 shares of the company’s stock, valued at approximately $233,000.

A number of other large investors have also modified their holdings of LEU. Stone House Investment Management LLC purchased a new position in shares of Centrus Energy during the 1st quarter worth approximately $28,000. Nisa Investment Advisors LLC raised its position in Centrus Energy by 157.7% in the second quarter. Nisa Investment Advisors LLC now owns 183 shares of the company’s stock worth $34,000 after acquiring an additional 112 shares in the last quarter. USA Financial Formulas purchased a new position in Centrus Energy in the second quarter worth $35,000. Harbour Investments Inc. increased its holdings in shares of Centrus Energy by 1,181.3% in the 2nd quarter. Harbour Investments Inc. now owns 205 shares of the company’s stock valued at $38,000 after purchasing an additional 189 shares in the last quarter. Finally, Comerica Bank increased its holdings in shares of Centrus Energy by 589.5% in the 1st quarter. Comerica Bank now owns 655 shares of the company’s stock valued at $41,000 after purchasing an additional 560 shares in the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LEU has been the subject of a number of research analyst reports. Evercore ISI increased their price target on shares of Centrus Energy from $251.00 to $252.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Northland Securities set a $275.00 target price on shares of Centrus Energy in a report on Thursday, August 7th. JPMorgan Chase & Co. raised their price objective on Centrus Energy from $164.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a research note on Wednesday, July 9th. Finally, Northland Capmk raised Centrus Energy to a “strong-buy” rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $227.60.

Centrus Energy Stock Performance

Centrus Energy stock opened at $367.46 on Friday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock has a fifty day moving average of $301.13 and a two-hundred day moving average of $205.64. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 83.32 and a beta of 1.51. Centrus Energy Corp. has a fifty-two week low of $49.40 and a fifty-two week high of $464.25.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.The company’s revenue for the quarter was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.89 earnings per share. On average, analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

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.