Chesapeake Capital Corp IL acquired a new position in Centrus Energy Corp. (NYSE:LEU – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,449 shares of the company’s stock, valued at approximately $315,000.
A number of other large investors have also recently bought and sold shares of the business. Point72 DIFC Ltd acquired a new position in Centrus Energy during the 2nd quarter worth $42,000. Wolff Wiese Magana LLC acquired a new position in Centrus Energy during the 2nd quarter worth $43,000. nVerses Capital LLC lifted its position in Centrus Energy by 133.3% during the 2nd 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. Zurcher Kantonalbank Zurich Cantonalbank lifted its position 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. Finally, Heritage Investors Management Corp acquired a new position in Centrus Energy during the 3rd quarter worth $203,000. 49.96% of the stock is currently owned by institutional investors.
Centrus Energy Price Performance
LEU opened at $70.16 on Monday. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $118.36. 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 company’s 50 day simple moving average is $69.22 and its 200-day simple moving average is $51.94. The stock has a market capitalization of $1.15 billion, a P/E ratio of 14.65 and a beta of 1.19.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Roth Mkm cut their target price on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. B. Riley upped their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. 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, StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Centrus Energy currently has a consensus rating of “Hold” and an average price target of $92.00.
Read Our Latest Stock Analysis on LEU
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.
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