Goehring & Rozencwajg Associates LLC Increases Position in Centrus Energy Corp. (NYSE:LEU)

Goehring & Rozencwajg Associates LLC lifted its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 18.6% during the second quarter, Holdings Channel reports. The fund owned 204,093 shares of the company’s stock after purchasing an additional 32,000 shares during the quarter. Centrus Energy accounts for 1.7% of Goehring & Rozencwajg Associates LLC’s investment portfolio, making the stock its 22nd largest holding. Goehring & Rozencwajg Associates LLC’s holdings in Centrus Energy were worth $8,725,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Centrus Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock worth $31,815,000 after acquiring an additional 17,033 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock worth $14,048,000 after acquiring an additional 46,254 shares during the last quarter. Sara Bay Financial increased its position in shares of Centrus Energy by 3.9% during the second quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock worth $14,415,000 after acquiring an additional 12,514 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Centrus Energy by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company’s stock worth $12,727,000 after acquiring an additional 8,678 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Centrus Energy by 382.1% during the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock worth $9,516,000 after acquiring an additional 176,431 shares during the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Stock Down 0.1 %

NYSE:LEU opened at $39.81 on Thursday. The company has a market capitalization of $648.11 million, a price-to-earnings ratio of 8.75 and a beta of 1.31. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $61.35. The stock has a 50-day simple moving average of $40.25 and a 200 day simple moving average of $42.14. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, August 6th. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $82.70 million. Sell-side analysts predict that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.