3,522 Shares in Centrus Energy Corp. $LEU Acquired by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP bought a new position in shares of Centrus Energy Corp. (NYSE:LEU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,522 shares of the company’s stock, valued at approximately $1,092,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. RiverPark Advisors LLC acquired a new stake in Centrus Energy in the 3rd quarter valued at approximately $33,000. Fulcrum Asset Management LLP acquired a new position in shares of Centrus Energy in the third quarter valued at $34,000. Rothschild Investment LLC raised its stake in shares of Centrus Energy by 54.9% in the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after buying an additional 45 shares in the last quarter. Mather Group LLC. acquired a new position in Centrus Energy in the third quarter worth about $41,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $41,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on LEU shares. Stifel Nicolaus set a $246.00 target price on shares of Centrus Energy in a research note on Thursday, February 12th. William Blair restated an “outperform” rating on shares of Centrus Energy in a report on Tuesday, January 6th. UBS Group lowered their target price on shares of Centrus Energy from $245.00 to $195.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. B. Riley Financial lifted their price target on shares of Centrus Energy from $221.00 to $315.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Finally, Citigroup lowered their price objective on shares of Centrus Energy from $292.00 to $225.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.83.

Centrus Energy Price Performance

LEU stock opened at $186.86 on Monday. The stock has a 50-day moving average price of $242.84 and a two-hundred day moving average price of $274.02. Centrus Energy Corp. has a 1 year low of $49.40 and a 1 year high of $464.25. The stock has a market cap of $3.68 billion, a PE ratio of 44.81 and a beta of 1.26. The company has a current ratio of 5.59, a quick ratio of 4.83 and a debt-to-equity ratio of 1.54.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.63). Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.The business had revenue of $146.20 million for the quarter, compared to the consensus estimate of $145.40 million. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. Equities analysts forecast that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

About Centrus Energy

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.