Stifel Financial Corp Acquires 6,929 Shares of Centrus Energy Corp. (NYSE:LEU)

Stifel Financial Corp raised its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 48.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,301 shares of the company’s stock after purchasing an additional 6,929 shares during the period. Stifel Financial Corp’s holdings in Centrus Energy were worth $1,168,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Evermay Wealth Management LLC grew its stake in shares of Centrus Energy by 3.5% in the 3rd quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock worth $284,000 after buying an additional 175 shares during the last quarter. Old West Investment Management LLC boosted its holdings in Centrus Energy by 3.3% in the second quarter. Old West Investment Management LLC now owns 9,889 shares of the company’s stock worth $423,000 after acquiring an additional 316 shares in the last quarter. nVerses Capital LLC grew 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 worth $60,000 after acquiring an additional 800 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in shares of Centrus Energy by 17.3% during 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 in the last quarter. Finally, Rhumbline Advisers raised its position in shares of Centrus Energy by 4.1% in the 2nd quarter. Rhumbline Advisers now owns 23,151 shares of the company’s stock worth $990,000 after purchasing an additional 917 shares during the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Trading Down 2.1 %

Centrus Energy stock opened at $66.80 on Monday. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $118.36. The business’s fifty day moving average is $81.84 and its 200 day moving average is $57.37. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. The stock has a market capitalization of $1.10 billion, a PE ratio of 13.95 and a beta of 1.12.

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

Wall Street Analysts Forecast Growth

LEU has been the topic of a number of analyst reports. B. Riley upped their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Roth Mkm dropped 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. Finally, Roth Capital downgraded shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $92.00.

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.