AlphaQuest LLC Has $538,000 Stock Holdings in Centrus Energy Corp. $LEU

AlphaQuest LLC lifted its holdings in Centrus Energy Corp. (NYSE:LEU) by 20.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,935 shares of the company’s stock after buying an additional 497 shares during the period. AlphaQuest LLC’s holdings in Centrus Energy were worth $538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LEU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Centrus Energy by 3.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after acquiring an additional 32,002 shares in the last quarter. Granahan Investment Management LLC acquired a new position in shares of Centrus Energy during the 1st quarter worth about $13,440,000. Goehring & Rozencwajg Associates LLC grew its position in Centrus Energy by 2.2% during the first quarter. Goehring & Rozencwajg Associates LLC now owns 212,362 shares of the company’s stock worth $13,211,000 after buying an additional 4,606 shares in the last quarter. Exchange Traded Concepts LLC grew its position in Centrus Energy by 35.2% during the second quarter. Exchange Traded Concepts LLC now owns 73,112 shares of the company’s stock worth $13,393,000 after buying an additional 19,051 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Centrus Energy by 944.9% during the first quarter. Raymond James Financial Inc. now owns 58,057 shares of the company’s stock worth $3,612,000 after buying an additional 52,501 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Stock Performance

Shares of Centrus Energy stock opened at $363.70 on Wednesday. The firm has a fifty day moving average of $289.10 and a two-hundred day moving average of $199.01. The stock has a market capitalization of $6.62 billion, a price-to-earnings ratio of 82.47 and a beta of 1.51. Centrus Energy Corp. has a 52 week low of $49.40 and a 52 week high of $464.25. 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 (NYSE:LEU) last issued its earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a net margin of 16.56% and a return on equity of 84.09%. During the same quarter in the previous year, the business posted $1.89 earnings per share. The firm’s quarterly revenue was down 18.3% on a year-over-year basis. As a group, equities research analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. UBS Group raised Centrus Energy to a “hold” rating and set a $215.00 target price on the stock in a research report on Monday, July 21st. JPMorgan Chase & Co. lifted their price objective on Centrus Energy from $150.00 to $164.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Evercore ISI lifted their price objective on Centrus Energy from $251.00 to $252.00 and gave the company an “outperform” rating in a report on Friday, August 8th. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a report on Wednesday, July 9th. Finally, Stifel Nicolaus initiated coverage on Centrus Energy in a report on Friday, July 11th. They issued a “buy” rating and a $220.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $202.09.

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.