17,945 Shares in Centrus Energy Corp. $LEU Acquired by Arlington Capital Management Inc.

Arlington Capital Management Inc. bought a new position in Centrus Energy Corp. (NYSE:LEU) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 17,945 shares of the company’s stock, valued at approximately $3,115,000. Centrus Energy makes up 1.8% of Arlington Capital Management Inc.’s portfolio, making the stock its 18th largest holding.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Centrus Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 1,086,443 shares of the company’s stock valued at $263,745,000 after purchasing an additional 14,325 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Centrus Energy by 6.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 936,477 shares of the company’s stock valued at $290,376,000 after buying an additional 58,634 shares during the period. Van ECK Associates Corp boosted its holdings in Centrus Energy by 14.7% in the fourth quarter. Van ECK Associates Corp now owns 895,867 shares of the company’s stock valued at $217,481,000 after acquiring an additional 114,881 shares in the last quarter. Bank of New York Mellon Corp increased its position in Centrus Energy by 43.3% during the 4th quarter. Bank of New York Mellon Corp now owns 473,145 shares of the company’s stock valued at $114,861,000 after purchasing an additional 143,069 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Centrus Energy by 7.8% in the 4th quarter. Geode Capital Management LLC now owns 414,933 shares of the company’s stock worth $100,746,000 after purchasing an additional 29,857 shares in the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on LEU shares. Bank of America cut their target price on shares of Centrus Energy from $240.00 to $205.00 and set a “neutral” rating on the stock in a research note on Thursday. Zacks Research raised Centrus Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. B. Riley Financial lowered their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Citigroup dropped their price target on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Finally, UBS Group decreased their price objective on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $255.45.

Insider Activity at Centrus Energy

In other news, CFO Todd M. Tinelli sold 306 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $203.55, for a total transaction of $62,286.30. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.72% of the stock is owned by company insiders.

Centrus Energy Stock Down 1.2%

Shares of LEU traded down $2.11 during mid-day trading on Friday, reaching $171.45. The company had a trading volume of 638,872 shares, compared to its average volume of 754,913. The company has a debt-to-equity ratio of 1.52, a quick ratio of 4.88 and a current ratio of 5.72. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 56.77, a price-to-earnings-growth ratio of 21.25 and a beta of 1.35. The firm has a 50-day moving average price of $179.39 and a 200 day moving average price of $213.92. Centrus Energy Corp. has a 52 week low of $144.65 and a 52 week high of $464.25.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. The business had revenue of $76.70 million during the quarter, compared to analysts’ expectations of $76.13 million. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.60 earnings per share. On average, sell-side analysts forecast that Centrus Energy Corp. will post 2.69 EPS for the current 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.