Evermay Wealth Management LLC Boosts Holdings in Centrus Energy Corp. (NYSE:LEU)

Evermay Wealth Management LLC lifted its position in Centrus Energy Corp. (NYSE:LEU) by 3.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,175 shares of the company’s stock after purchasing an additional 175 shares during the quarter. Evermay Wealth Management LLC’s holdings in Centrus Energy were worth $284,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Centrus Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock worth $31,815,000 after buying an additional 17,033 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Centrus Energy by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock worth $14,048,000 after buying an additional 46,254 shares in the last quarter. Sara Bay Financial boosted its position in shares of Centrus Energy by 3.9% during the 2nd quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock worth $14,415,000 after purchasing an additional 12,514 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Centrus Energy by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company’s stock worth $12,727,000 after buying an additional 8,678 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Centrus Energy by 382.1% in the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock valued at $9,516,000 after buying an additional 176,431 shares in the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Stock Down 4.4 %

Shares of LEU traded down $4.67 during mid-day trading on Wednesday, reaching $100.28. 442,684 shares of the stock traded hands, compared to its average volume of 343,352. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $108.72. The company has a quick ratio of 1.02, a current ratio of 1.52 and a debt-to-equity ratio of 1.47. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 21.58 and a beta of 1.32. The stock has a fifty day simple moving average of $56.17 and a 200 day simple moving average of $47.73.

Centrus Energy (NYSE:LEU) last posted its earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.48). The company had revenue of $57.70 million for the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. Sell-side analysts expect that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. StockNews.com raised Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Roth Capital lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. Finally, Roth Mkm lowered shares of Centrus Energy from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $55.00 to $62.00 in a report on Thursday, October 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $67.00.

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.