BNP Paribas Financial Markets Grows Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

BNP Paribas Financial Markets boosted its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 95.5% during the third quarter, Holdings Channel.com reports. The firm owned 5,758 shares of the company’s stock after acquiring an additional 2,813 shares during the period. BNP Paribas Financial Markets’ holdings in Centrus Energy were worth $316,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Evermay Wealth Management LLC raised its stake in shares of Centrus Energy by 3.5% in the third quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock valued at $284,000 after acquiring an additional 175 shares during the period. Old West Investment Management LLC raised its stake in shares of Centrus Energy by 3.3% in the second quarter. Old West Investment Management LLC now owns 9,889 shares of the company’s stock valued at $423,000 after acquiring an additional 316 shares during the period. SeaCrest Wealth Management LLC raised its stake in shares of Centrus Energy by 10.1% in the second quarter. SeaCrest Wealth Management LLC now owns 5,715 shares of the company’s stock valued at $244,000 after acquiring an additional 525 shares during the period. nVerses Capital LLC raised 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 acquiring an additional 800 shares during the period. Finally, Vontobel Holding Ltd. raised its stake in shares of Centrus Energy by 17.3% in the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock valued at $303,000 after acquiring an additional 815 shares during the period. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Trading Down 2.8 %

LEU stock opened at $72.42 on Monday. The company has a market capitalization of $1.19 billion, a PE ratio of 15.12 and a beta of 1.12. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $118.36. The firm’s 50-day moving average is $80.96 and its 200 day moving average is $56.51. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.48). The company had revenue of $57.70 million during the quarter, compared to analysts’ expectations of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. On average, research analysts anticipate that Centrus Energy Corp. will post 2.28 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Roth Mkm reduced their target price on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. B. Riley increased their target price on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Roth Capital downgraded shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $92.00.

Centrus Energy Company 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.