Baader Bank Aktiengesellschaft Sells 4,866 Shares of Centrus Energy Corp. $LEU

Baader Bank Aktiengesellschaft reduced its stake in shares of Centrus Energy Corp. (NYSE:LEUFree Report) by 67.8% in the third quarter, HoldingsChannel.com reports. The firm owned 2,310 shares of the company’s stock after selling 4,866 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Centrus Energy were worth $686,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its position in shares of Centrus Energy by 15.1% during the third quarter. Farther Finance Advisors LLC now owns 327 shares of the company’s stock valued at $101,000 after buying an additional 43 shares during the last quarter. ORG Partners LLC lifted its stake in Centrus Energy by 59.4% during the 3rd quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $52,000 after acquiring an additional 63 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Centrus Energy by 7.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,510 shares of the company’s stock worth $277,000 after acquiring an additional 111 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Centrus Energy by 157.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 183 shares of the company’s stock worth $34,000 after acquiring an additional 112 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Centrus Energy by 3.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 3,294 shares of the company’s stock valued at $603,000 after purchasing an additional 119 shares during the last quarter. Institutional investors own 49.96% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on LEU. JPMorgan Chase & Co. reduced their price objective on shares of Centrus Energy from $245.00 to $242.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Needham & Company LLC restated a “buy” rating and issued a $357.00 target price on shares of Centrus Energy in a research note on Monday, December 22nd. B. Riley Financial increased their price target on Centrus Energy from $221.00 to $315.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Roth Mkm reiterated a “neutral” rating and set a $137.00 price target on shares of Centrus Energy in a report on Wednesday. Finally, Northland Securities set a $325.00 price objective on Centrus Energy in a research report on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Centrus Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.08.

Check Out Our Latest Stock Report on Centrus Energy

Centrus Energy Price Performance

Centrus Energy stock opened at $210.55 on Thursday. The business’s 50 day simple moving average is $275.73 and its 200 day simple moving average is $273.82. Centrus Energy Corp. has a 12 month low of $49.40 and a 12 month high of $464.25. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 50.49 and a beta of 1.21. The company has a current ratio of 3.46, a quick ratio of 2.79 and a debt-to-equity ratio of 3.23.

Centrus Energy (NYSE:LEUGet Free Report) last issued its earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.63). Centrus Energy had a net margin of 17.34% and a return on equity of 21.15%. The firm had revenue of $146.20 million during the quarter, compared to the consensus estimate of $145.40 million. The business’s revenue was down 3.6% compared to the same quarter last year. Sell-side analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current year.

Key Centrus Energy News

Here are the key news stories impacting Centrus Energy this week:

Centrus Energy Company Profile

(Free Report)

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.

Further Reading

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

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