SG Americas Securities LLC Buys 38,769 Shares of Centrus Energy Corp. $LEU

SG Americas Securities LLC boosted its position in Centrus Energy Corp. (NYSE:LEU) by 1,033.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,521 shares of the company’s stock after purchasing an additional 38,769 shares during the period. SG Americas Securities LLC’s holdings in Centrus Energy were worth $7,381,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of Centrus Energy by 309.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,754 shares of the company’s stock worth $10,776,000 after acquiring an additional 26,257 shares during the period. American Century Companies Inc. raised its stake in Centrus Energy by 78.8% in the 3rd quarter. American Century Companies Inc. now owns 442,261 shares of the company’s stock valued at $137,132,000 after acquiring an additional 194,909 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Centrus Energy by 16,538.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 101,326 shares of the company’s stock valued at $24,598,000 after purchasing an additional 100,717 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in Centrus Energy by 16.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 53,766 shares of the company’s stock valued at $13,052,000 after purchasing an additional 7,450 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in Centrus Energy by 25.9% during the third quarter. Van ECK Associates Corp now owns 780,986 shares of the company’s stock worth $242,161,000 after purchasing an additional 160,482 shares during the period. 49.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

LEU has been the topic of several research reports. Citigroup lowered their price target on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Roth Mkm cut their price objective on shares of Centrus Energy from $230.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. Zacks Research upgraded shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. UBS Group lowered their target price on shares of Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Finally, B. Riley Financial dropped their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $271.18.

Centrus Energy Trading Down 2.9%

Shares of LEU opened at $165.39 on Friday. The business’s 50-day moving average price is $187.16 and its 200-day moving average price is $219.71. Centrus Energy Corp. has a twelve month low of $144.65 and a twelve month high of $464.25. The stock has a market cap of $3.25 billion, a PE ratio of 54.76, a P/E/G ratio of 20.22 and a beta of 1.34. The company has a quick ratio of 4.88, a current ratio of 5.72 and a debt-to-equity ratio of 1.52.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The firm had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. During the same period in the prior year, the firm posted $1.60 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities analysts forecast that Centrus Energy Corp. will post 2.74 EPS for the current fiscal year.

Insider Transactions at Centrus Energy

In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $203.55, for a total value of $62,286.30. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.72% of the stock is owned by corporate 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.