Royce & Associates LP Purchases New Shares in Centrus Energy Corp. (NYSE:LEU)

Royce & Associates LP purchased a new stake in shares of Centrus Energy Corp. (NYSE:LEU) during the 4th quarter, Holdings Channel reports. The fund purchased 6,000 shares of the company’s stock, valued at approximately $400,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its holdings in Centrus Energy by 58.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 6,479 shares of the company’s stock valued at $432,000 after buying an additional 2,384 shares during the period. Swiss National Bank raised its holdings in Centrus Energy by 2.6% during the 4th quarter. Swiss National Bank now owns 27,600 shares of the company’s stock valued at $1,838,000 after buying an additional 700 shares during the period. Farther Finance Advisors LLC raised its holdings in Centrus Energy by 33,333.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock valued at $67,000 after buying an additional 1,000 shares during the period. Prosperity Wealth Management Inc. purchased a new stake in Centrus Energy during the 4th quarter valued at $309,000. Finally, PNC Financial Services Group Inc. raised its holdings in Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after buying an additional 192 shares during the period. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Insider Transactions at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares of the company’s stock, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

Centrus Energy Price Performance

LEU opened at $74.02 on Friday. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09. The business’s fifty day simple moving average is $87.54 and its 200-day simple moving average is $76.24. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. HC Wainwright assumed coverage on Centrus Energy in a research report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price objective on the stock. Citigroup assumed coverage on Centrus Energy in a research report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price objective on the stock. Finally, StockNews.com raised 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 assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $147.00.

About Centrus Energy

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.