Twin Tree Management LP Sells 3,442 Shares of Centrus Energy Corp. $LEU

Twin Tree Management LP trimmed its holdings in Centrus Energy Corp. (NYSE:LEU) by 90.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 367 shares of the company’s stock after selling 3,442 shares during the quarter. Twin Tree Management LP’s holdings in Centrus Energy were worth $89,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in LEU. Vermillion Wealth Management Inc. grew its position in Centrus Energy by 5,000.0% in the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares in the last quarter. Aventura Private Wealth LLC bought a new stake in Centrus Energy in the fourth quarter worth approximately $30,000. RiverPark Advisors LLC bought a new stake in Centrus Energy in the third quarter worth approximately $33,000. Fulcrum Asset Management LLP bought a new stake in Centrus Energy in the third quarter worth approximately $34,000. Finally, Rothschild Investment LLC grew its position in Centrus Energy by 54.9% in the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock worth $39,000 after acquiring an additional 45 shares in the last quarter. 49.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on LEU shares. Stifel Nicolaus set a $246.00 target price on shares of Centrus Energy in a research report on Thursday, February 12th. Northland Securities set a $285.00 target price on shares of Centrus Energy in a research report on Thursday, February 12th. B. Riley Financial decreased their price objective on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a report on Friday, April 24th. Citigroup decreased their price objective on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $137.00 price objective on shares of Centrus Energy in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.18.

Centrus Energy Trading Down 4.4%

Shares of LEU stock opened at $156.47 on Wednesday. Centrus Energy Corp. has a 52-week low of $140.65 and a 52-week high of $464.25. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 51.81, a P/E/G ratio of 20.25 and a beta of 1.34. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.88 and a current ratio of 5.72. The firm has a fifty day moving average of $190.24 and a 200-day moving average of $227.23.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. The company had revenue of $76.70 million during the quarter, compared to analysts’ expectations of $76.13 million. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.60 EPS. On average, equities research analysts forecast that Centrus Energy Corp. will post 2.7 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Todd M. Tinelli sold 306 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.72% of the stock is owned by company insiders.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.