Centrus Energy Corp. (NYSE:LEU) Shares Sold by Old West Investment Management LLC

Old West Investment Management LLC decreased its stake in Centrus Energy Corp. (NYSE:LEUFree Report) by 39.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,117 shares of the company’s stock after selling 128,764 shares during the period. Centrus Energy accounts for approximately 5.6% of Old West Investment Management LLC’s holdings, making the stock its 7th largest position. Old West Investment Management LLC owned approximately 1.29% of Centrus Energy worth $10,888,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverwater Partners LLC increased its position in shares of Centrus Energy by 2.3% during the 4th quarter. Riverwater Partners LLC now owns 13,152 shares of the company’s stock worth $716,000 after purchasing an additional 297 shares during the last quarter. Spire Wealth Management bought a new stake in Centrus Energy during the third quarter worth $29,000. Vontobel Holding Ltd. lifted its stake in Centrus Energy by 10.4% in the fourth quarter. Vontobel Holding Ltd. now owns 6,046 shares of the company’s stock valued at $329,000 after acquiring an additional 569 shares during the last quarter. Hollow Brook Wealth Management LLC lifted its stake in Centrus Energy by 2.6% in the 4th quarter. Hollow Brook Wealth Management LLC now owns 31,602 shares of the company’s stock valued at $1,719,000 after purchasing an additional 792 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Centrus Energy by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 99,571 shares of the company’s stock worth $5,418,000 after acquiring an additional 1,133 shares during the period. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analyst Ratings Changes

LEU has been the subject of a number of research analyst reports. TheStreet upgraded Centrus Energy from a “d-” rating to a “c” rating in a report on Friday, February 9th. B. Riley reissued a “buy” rating and set a $72.00 target price on shares of Centrus Energy in a report on Tuesday, February 13th. Roth Mkm decreased their target price on shares of Centrus Energy from $65.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, May 9th. Finally, StockNews.com raised shares of Centrus Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, April 30th.

View Our Latest Stock Analysis on LEU

Centrus Energy Price Performance

Shares of Centrus Energy stock traded down $3.39 during midday trading on Friday, hitting $43.56. 273,997 shares of the company traded hands, compared to its average volume of 270,246. The firm’s fifty day moving average price is $44.69 and its 200-day moving average price is $46.78. The stock has a market cap of $683.02 million, a price-to-earnings ratio of 10.32 and a beta of 1.34. Centrus Energy Corp. has a 12 month low of $28.42 and a 12 month high of $61.35. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.83 and a current ratio of 1.44.

Centrus Energy (NYSE:LEUGet Free Report) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.88). The company had revenue of $43.70 million for the quarter, compared to analyst estimates of $72.70 million. Centrus Energy had a return on equity of 2,962.50% and a net margin of 23.94%. As a group, sell-side analysts forecast that Centrus Energy Corp. will post 2.61 earnings per share for the current year.

Centrus Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Centrus Energy (NYSE:LEU)

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