Analysts Set Centrus Energy Corp. (NYSE:LEU) PT at $147.00

Centrus Energy Corp. (NYSE:LEU) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $143.40.

Several equities research analysts recently issued reports on LEU shares. Craig Hallum started coverage on Centrus Energy in a research note on Tuesday. They issued a “buy” rating and a $129.00 price target for the company. HC Wainwright began coverage on Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price for the company. Citigroup assumed coverage on Centrus Energy in a research report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price target on the stock. Finally, StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Monday, February 10th.

Centrus Energy Stock Performance

NYSE LEU opened at $63.01 on Friday. The firm has a 50-day moving average price of $86.01 and a two-hundred day moving average price of $78.24. Centrus Energy has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a market capitalization of $1.06 billion, a P/E ratio of 14.29 and a beta of 1.35. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.

Insider Activity at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by insiders.

Institutional Trading of Centrus Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Anatole Investment Management Ltd acquired a new stake in shares of Centrus Energy during the 4th quarter valued at $27,880,000. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy during the fourth quarter valued at about $15,215,000. Soros Fund Management LLC acquired a new stake in shares of Centrus Energy during the fourth quarter valued at about $14,821,000. Voloridge Investment Management LLC grew its holdings in shares of Centrus Energy by 1,300.5% during the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company’s stock worth $15,664,000 after purchasing an additional 218,364 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Centrus Energy by 79.3% in the third quarter. FMR LLC now owns 426,249 shares of the company’s stock valued at $23,380,000 after buying an additional 188,478 shares during the period. Institutional investors own 49.96% of the company’s stock.

About Centrus Energy

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.