Daiwa Securities Group Inc. Sells 643 Shares of Centrus Energy Corp. (NYSE:LEU)

Daiwa Securities Group Inc. trimmed its position in Centrus Energy Corp. (NYSE:LEU) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,910 shares of the company’s stock after selling 643 shares during the period. Daiwa Securities Group Inc. owned 0.21% of Centrus Energy worth $2,259,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its holdings in Centrus Energy by 103.8% in the 3rd quarter. Barclays PLC now owns 37,588 shares of the company’s stock valued at $2,061,000 after purchasing an additional 19,140 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in Centrus Energy by 97.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 63,480 shares of the company’s stock valued at $3,482,000 after purchasing an additional 31,408 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock worth $17,552,000 after acquiring an additional 15,080 shares during the last quarter. Legacy Bridge LLC bought a new stake in shares of Centrus Energy during the 4th quarter worth $657,000. Finally, Algert Global LLC bought a new stake in shares of Centrus Energy during the 3rd quarter worth $929,000. 49.96% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

LEU has been the subject of a number of research analyst reports. HC Wainwright initiated coverage on shares of Centrus Energy in a report on Tuesday, February 25th. They set a “buy” rating and a $300.00 price objective for the company. Citigroup initiated coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price objective for the company. Finally, StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Monday, February 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $147.00.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $76.38 on Friday. The stock has a market cap of $1.28 billion, a PE ratio of 17.32 and a beta of 1.35. The company’s fifty day moving average is $87.49 and its 200 day moving average is $75.00. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.

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.