State Street Corp Has $36.85 Million Position in Centrus Energy Corp. (NYSE:LEU)

State Street Corp reduced its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 671,769 shares of the company’s stock after selling 38,528 shares during the period. State Street Corp’s holdings in Centrus Energy were worth $36,847,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Point72 DIFC Ltd acquired a new position in Centrus Energy in the 2nd quarter valued at approximately $42,000. nVerses Capital LLC increased its holdings in Centrus Energy by 133.3% during the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Centrus Energy by 181.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock worth $115,000 after acquiring an additional 1,754 shares during the last quarter. Heritage Investors Management Corp bought a new position in Centrus Energy in the 3rd quarter worth approximately $203,000. Finally, CWA Asset Management Group LLC bought a new position in Centrus Energy in the third quarter valued at about $244,000. 49.96% of the stock is owned by institutional investors.

Centrus Energy Trading Down 2.1 %

Shares of NYSE LEU opened at $66.80 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.63 and a debt-to-equity ratio of 1.44. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $118.36. The company’s fifty day moving average is $81.84 and its 200-day moving average is $57.20. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 13.95 and a beta of 1.12.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Roth Capital downgraded Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. B. Riley increased their target price on 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 Mkm decreased their target price on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $92.00.

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.