American Century Companies Inc. Acquires 2,116 Shares of Centrus Energy Corp. (NYSE:LEU)

American Century Companies Inc. raised its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 33.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,429 shares of the company’s stock after acquiring an additional 2,116 shares during the quarter. American Century Companies Inc.’s holdings in Centrus Energy were worth $360,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in LEU. Victory Capital Management Inc. grew its stake in shares of Centrus Energy by 26.9% in the second quarter. Victory Capital Management Inc. now owns 7,557 shares of the company’s stock valued at $323,000 after buying an additional 1,600 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Centrus Energy by 4.1% in the second quarter. Rhumbline Advisers now owns 23,151 shares of the company’s stock valued at $990,000 after buying an additional 917 shares in the last quarter. nVerses Capital LLC grew its stake in shares of 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 buying an additional 800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of 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 buying an additional 1,754 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Centrus Energy by 382.1% in the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock valued at $9,516,000 after buying an additional 176,431 shares in the last quarter. 49.96% of the stock is owned by institutional investors.

Centrus Energy Trading Up 0.8 %

LEU stock opened at $64.79 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02. The company has a fifty day moving average price of $42.36 and a two-hundred day moving average price of $43.25. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $67.01. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 14.24 and a beta of 1.32.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The firm had revenue of $189.00 million during the quarter, compared to analysts’ expectations of $82.70 million. Equities analysts anticipate that Centrus Energy Corp. will post 3.06 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on LEU shares. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. Roth Mkm decreased their target price on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a research note on Thursday, August 8th.

Centrus Energy 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.