Centrus Energy Corp. $LEU Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in Centrus Energy Corp. (NYSE:LEU) by 270.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,281 shares of the company’s stock after purchasing an additional 76,833 shares during the period. BNP Paribas Financial Markets owned about 0.58% of Centrus Energy worth $25,558,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in LEU. RiverPark Advisors LLC acquired a new stake in shares of Centrus Energy during the 3rd quarter valued at approximately $33,000. Fulcrum Asset Management LLP acquired a new stake in shares of Centrus Energy during the 3rd quarter valued at approximately $34,000. Aventura Private Wealth LLC acquired a new stake in shares of Centrus Energy during the 4th quarter valued at approximately $30,000. Rothschild Investment LLC lifted its position in shares of Centrus Energy by 54.9% during the 3rd quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Centrus Energy during the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Insider Activity

In related 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 transaction of $62,286.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.72% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LEU. Stifel Nicolaus set a $246.00 price objective on shares of Centrus Energy in a research note on Thursday, February 12th. Weiss Ratings cut shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. B. Riley Financial lowered their target price on shares of Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a research note on Friday, April 24th. 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. Finally, JPMorgan Chase & Co. lowered 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 note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Centrus Energy presently has an average rating of “Moderate Buy” and a consensus target price of $268.18.

Centrus Energy Stock Performance

Shares of LEU stock opened at $186.59 on Friday. Centrus Energy Corp. has a 12 month low of $130.80 and a 12 month high of $464.25. The company has a debt-to-equity ratio of 1.52, a current ratio of 5.72 and a quick ratio of 4.88. The firm has a market capitalization of $3.67 billion, a P/E ratio of 61.79, a P/E/G ratio of 22.95 and a beta of 1.34. The company’s fifty day moving average price is $191.99 and its two-hundred day moving average price is $229.16.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.33 by $0.72. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. The business had revenue of $76.70 million for the quarter, compared to analysts’ expectations of $76.13 million. During the same quarter last year, the company posted $1.60 earnings per share. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, research analysts anticipate that Centrus Energy Corp. will post 2.65 earnings per share for the current fiscal year.

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.