Kennondale Capital Management LLC Invests $301,000 in Centrus Energy Corp. (NYSE:LEU)

Kennondale Capital Management LLC acquired a new position in shares of Centrus Energy Corp. (NYSE:LEU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,514 shares of the company’s stock, valued at approximately $301,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cape Investment Advisory Inc. acquired a new position in shares of Centrus Energy during the fourth quarter worth approximately $27,000. PNC Financial Services Group Inc. boosted its position in shares of Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock worth $29,000 after buying an additional 192 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Centrus Energy by 33,333.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock worth $67,000 after buying an additional 1,000 shares during the period. Venturi Wealth Management LLC acquired a new position in shares of Centrus Energy during the fourth quarter worth approximately $113,000. Finally, Canton Hathaway LLC acquired a new position in shares of Centrus Energy during the fourth quarter worth approximately $161,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LEU shares. HC Wainwright started coverage on Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 price objective for the company. Citigroup started coverage on Centrus Energy in a research report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 target price for the company. Finally, StockNews.com upgraded Centrus Energy to a “sell” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Centrus Energy has a consensus rating of “Hold” and an average price target of $147.00.

Insider Buying and Selling at Centrus Energy

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

Centrus Energy Price Performance

NYSE LEU opened at $76.05 on Tuesday. The stock has a market capitalization of $1.27 billion, a P/E ratio of 17.24 and a beta of 1.35. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $122.95. The business’s fifty day moving average is $87.38 and its two-hundred day moving average is $75.77. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93.

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.