Centrus Energy Corp. $LEU Stock Holdings Lowered by Twin Tree Management LP

Twin Tree Management LP reduced its holdings in Centrus Energy Corp. (NYSE:LEU) by 90.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367 shares of the company’s stock after selling 3,442 shares during the quarter. Twin Tree Management LP’s holdings in Centrus Energy were worth $89,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Farther Finance Advisors LLC raised its holdings in shares of Centrus Energy by 11.0% in the 4th quarter. Farther Finance Advisors LLC now owns 363 shares of the company’s stock worth $88,000 after purchasing an additional 36 shares in the last quarter. Prospera Financial Services Inc raised its holdings in shares of Centrus Energy by 3.1% in the 4th quarter. Prospera Financial Services Inc now owns 1,340 shares of the company’s stock worth $325,000 after purchasing an additional 40 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of Centrus Energy by 38.3% during the third quarter. IFP Advisors Inc now owns 148 shares of the company’s stock valued at $46,000 after acquiring an additional 41 shares during the period. Rothschild Investment LLC raised its holdings in shares of Centrus Energy by 54.9% during the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Centrus Energy by 23.2% during the third quarter. Allworth Financial LP now owns 239 shares of the company’s stock valued at $74,000 after acquiring an additional 45 shares during the period. 49.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Todd M. Tinelli sold 306 shares of the business’s stock in a transaction that occurred 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 filing with the SEC, which is available through this hyperlink. Insiders own 0.72% of the company’s stock.

Wall Street Analysts Forecast Growth

LEU has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. B. Riley Financial cut their price target on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Roth Mkm restated a “neutral” rating and set a $137.00 price target on shares of Centrus Energy in a report on Wednesday, February 11th. Northland Securities set a $285.00 price target on shares of Centrus Energy in a report on Thursday, February 12th. Finally, Weiss Ratings lowered shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $268.18.

Centrus Energy Stock Performance

Shares of LEU opened at $156.47 on Wednesday. The company’s 50 day moving average price is $190.24 and its 200 day moving average price is $227.23. Centrus Energy Corp. has a 52 week low of $140.65 and a 52 week high of $464.25. The company has a market capitalization of $3.08 billion, a PE ratio of 51.81, a PEG ratio of 20.25 and a beta of 1.34. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.88 and a current ratio of 5.72.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The firm had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. During the same period in the previous year, the firm posted $1.60 earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. Research analysts expect that Centrus Energy Corp. will post 2.7 EPS for the current fiscal year.

Centrus Energy 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.