6,090 Shares in Centrus Energy Corp. (NYSE:LEU) Acquired by Tidal Investments LLC

Tidal Investments LLC acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 6,090 shares of the company’s stock, valued at approximately $334,000.

Other large investors have also bought and sold shares of the company. FMR LLC grew its stake in shares of Centrus Energy by 79.3% during the 3rd quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after acquiring an additional 188,478 shares during the period. Bank of New York Mellon Corp boosted its position in Centrus Energy by 382.1% during the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock worth $9,516,000 after purchasing an additional 176,431 shares during the period. Point72 Asset Management L.P. increased its stake in shares of Centrus Energy by 53.8% in the second quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company’s stock worth $6,338,000 after purchasing an additional 51,836 shares in the last quarter. L & S Advisors Inc bought a new stake in shares of Centrus Energy in the third quarter valued at approximately $2,089,000. Finally, Decade Renewable Partners LP purchased a new stake in shares of Centrus Energy during the 2nd quarter valued at approximately $1,479,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Trading Up 1.2 %

Centrus Energy stock opened at $69.04 on Wednesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $118.36. The stock has a market cap of $1.13 billion, a P/E ratio of 14.41 and a beta of 1.12. The firm’s fifty day moving average price is $82.02 and its 200-day moving average price is $57.52.

Centrus Energy (NYSE:LEU) last released its quarterly 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). The business had revenue of $57.70 million during the quarter, compared to analysts’ expectations of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. Equities research analysts forecast that Centrus Energy Corp. will post 2.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. B. Riley boosted their target price on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Roth Mkm decreased their price objective on 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 lowered Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average 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.