Centrus Energy (NYSE:LEU) Now Covered by Analysts at Craig Hallum

Equities research analysts at Craig Hallum began coverage on shares of Centrus Energy (NYSE:LEU) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $129.00 price target on the stock. Craig Hallum’s target price would suggest a potential upside of 104.73% from the stock’s current price.

LEU has been the topic of several other reports. HC Wainwright started coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price on the stock. Citigroup began coverage on shares of Centrus Energy in a 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 note on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of “Hold” and a consensus target price of $143.40.

Centrus Energy Trading Down 2.9 %

Shares of LEU stock opened at $63.01 on Tuesday. The business has a 50-day moving average of $86.01 and a 200 day moving average of $78.24. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $122.95. The stock has a market capitalization of $1.06 billion, a PE ratio of 14.29 and a beta of 1.35.

Insiders Place Their Bets

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Centrus Energy

Several hedge funds have recently made changes to their positions in the company. Barclays PLC boosted its stake in Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company’s stock worth $2,061,000 after acquiring an additional 19,140 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Centrus Energy by 97.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 63,480 shares of the company’s stock worth $3,482,000 after buying an additional 31,408 shares during the last quarter. Geode Capital Management LLC increased its position in Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock valued at $17,552,000 after buying an additional 15,080 shares in the last quarter. Legacy Bridge LLC purchased a new position in Centrus Energy during the fourth quarter valued at $657,000. Finally, Kovitz Investment Group Partners LLC purchased a new stake in shares of Centrus Energy in the third quarter worth $1,639,000. 49.96% of the stock is currently owned by institutional investors.

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.