BNP Paribas Financial Markets Has $25.56 Million Holdings in Centrus Energy Corp. $LEU

BNP Paribas Financial Markets boosted its position in Centrus Energy Corp. (NYSE:LEU) by 270.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,281 shares of the company’s stock after buying an additional 76,833 shares during the quarter. BNP Paribas Financial Markets’ holdings in Centrus Energy were worth $25,558,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Centrus Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 1,086,443 shares of the company’s stock worth $263,745,000 after buying an additional 14,325 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Centrus Energy by 6.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 936,477 shares of the company’s stock worth $290,376,000 after buying an additional 58,634 shares in the last quarter. Van ECK Associates Corp grew its position in Centrus Energy by 25.9% during the third quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock worth $242,161,000 after buying an additional 160,482 shares in the last quarter. American Century Companies Inc. grew its position in Centrus Energy by 78.8% during the third quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock worth $137,132,000 after buying an additional 194,909 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Centrus Energy by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 414,933 shares of the company’s stock worth $100,746,000 after buying an additional 29,857 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LEU shares. Roth Mkm reissued a “neutral” rating and set a $137.00 target price on shares of Centrus Energy in a research report on Wednesday, February 11th. Weiss Ratings downgraded Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. Citigroup decreased their target price on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. JPMorgan Chase & Co. decreased their target price on Centrus Energy from $245.00 to $242.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Finally, B. Riley Financial decreased their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $268.18.

Centrus Energy Stock Up 2.7%

Shares of LEU opened at $186.59 on Friday. The company has a market capitalization of $3.67 billion, a P/E ratio of 61.79, a PEG ratio of 22.95 and a beta of 1.34. The company has a debt-to-equity ratio of 1.52, a current ratio of 5.72 and a quick ratio of 4.88. Centrus Energy Corp. has a one year low of $130.80 and a one year high of $464.25. The business’s 50 day simple moving average is $191.99 and its 200-day simple moving average is $229.16.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The firm had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. During the same quarter in the prior year, the business earned $1.60 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, sell-side analysts predict that Centrus Energy Corp. will post 2.65 EPS for the current fiscal year.

Insider Activity at Centrus Energy

In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.72% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.