Centrus Energy Corp. (NYSE:LEU) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in Centrus Energy Corp. (NYSE:LEU) by 5.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 121,392 shares of the company’s stock after buying an additional 6,709 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Centrus Energy were worth $8,086,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. acquired a new position in Centrus Energy in the fourth quarter worth approximately $27,000. Venturi Wealth Management LLC purchased a new position in Centrus Energy during the 4th quarter worth approximately $113,000. Canton Hathaway LLC purchased a new position in Centrus Energy during the 4th quarter worth approximately $161,000. Financial Advocates Investment Management purchased a new position in Centrus Energy during the 4th quarter worth approximately $216,000. Finally, SBI Securities Co. Ltd. purchased a new position in Centrus Energy during the 4th quarter worth approximately $225,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Trading Down 0.4 %

Centrus Energy stock opened at $74.02 on Monday. The company’s fifty day simple moving average is $87.54 and its 200-day simple moving average is $76.80. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. The stock has a market cap of $1.24 billion, a P/E ratio of 16.78 and a beta of 1.35.

Insider Activity at Centrus Energy

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LEU. HC Wainwright began coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 price objective on the stock. Citigroup began coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price objective on the stock. Finally, StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $147.00.

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.