Banque Cantonale Vaudoise Reduces Holdings in Centrus Energy Corp. (NYSE:LEU)

Banque Cantonale Vaudoise reduced its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 19.3% in the second quarter, Holdings Channel reports. The institutional investor owned 2,201 shares of the company’s stock after selling 527 shares during the period. Banque Cantonale Vaudoise’s holdings in Centrus Energy were worth $94,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of LEU. Charles Schwab Investment Management Inc. increased its stake in shares of Centrus Energy by 1.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 99,571 shares of the company’s stock worth $5,418,000 after purchasing an additional 1,133 shares in the last quarter. Jump Financial LLC purchased a new position in Centrus Energy during the fourth quarter valued at $386,000. Chesapeake Capital Corp IL bought a new stake in Centrus Energy during the fourth quarter valued at about $556,000. Goehring & Rozencwajg Associates LLC increased its position in Centrus Energy by 3.5% in the fourth quarter. Goehring & Rozencwajg Associates LLC now owns 160,193 shares of the company’s stock worth $8,716,000 after buying an additional 5,355 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new position in shares of Centrus Energy in the first quarter worth about $216,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of Centrus Energy stock opened at $35.87 on Wednesday. The company has a market capitalization of $583.96 million, a price-to-earnings ratio of 7.88 and a beta of 1.31. The company has a quick ratio of 1.02, a current ratio of 1.52 and a debt-to-equity ratio of 1.47. The stock’s 50-day simple moving average is $41.06 and its 200-day simple moving average is $42.41. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $61.35.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, August 6th. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $1.12. Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. The company had revenue of $189.00 million for the quarter, compared to the consensus estimate of $82.70 million. As a group, analysts expect that Centrus Energy Corp. will post 3.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

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.