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

Craig Hallum assumed coverage on shares of Centrus Energy (NYSE:LEU) in a report issued on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $129.00 price objective on the stock.

Other equities analysts also recently issued reports about the company. Citigroup started coverage on Centrus Energy in a research report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 target price on the stock. StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Finally, HC Wainwright initiated coverage on Centrus Energy in a research report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $143.40.

Centrus Energy Stock Up 4.3 %

LEU stock opened at $64.91 on Tuesday. The stock has a market capitalization of $1.09 billion, a PE ratio of 14.72 and a beta of 1.35. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $122.95. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm has a 50 day moving average of $86.57 and a 200 day moving average of $78.34.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.00% of the stock is owned by company insiders.

Institutional Trading of Centrus Energy

A number of institutional investors and hedge funds have recently made changes to their positions in LEU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Centrus Energy by 1.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 979,976 shares of the company’s stock valued at $65,276,000 after buying an additional 13,764 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Centrus Energy by 8.0% during the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock valued at $64,438,000 after purchasing an additional 71,872 shares in the last quarter. FMR LLC lifted its holdings in Centrus Energy by 79.3% during the third quarter. FMR LLC now owns 426,249 shares of the company’s stock valued at $23,380,000 after purchasing an additional 188,478 shares in the last quarter. Anatole Investment Management Ltd purchased a new stake in shares of Centrus Energy during the fourth quarter worth about $27,880,000. Finally, Geode Capital Management LLC raised its position in shares of Centrus Energy by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 325,603 shares of the company’s stock worth $21,694,000 after purchasing an additional 5,668 shares during the last quarter. 49.96% of the stock is currently owned by hedge funds and other 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.