Pacer Advisors Inc. Buys New Holdings in Centrus Energy Corp. $LEU

Pacer Advisors Inc. purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 9,976 shares of the company’s stock, valued at approximately $2,422,000. Pacer Advisors Inc. owned 0.05% of Centrus Energy as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of LEU. Vermillion Wealth Management Inc. lifted its position in shares of Centrus Energy by 5,000.0% in the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of Centrus Energy during the 4th quarter worth approximately $30,000. RiverPark Advisors LLC acquired a new position in shares of Centrus Energy during the 3rd quarter worth approximately $33,000. Fulcrum Asset Management LLP bought a new stake in Centrus Energy in the 3rd quarter valued at $34,000. Finally, Hilton Head Capital Partners LLC bought a new stake in Centrus Energy in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Insiders Place Their Bets

In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of Centrus Energy stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $203.55, for a total value of $62,286.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.72% of the stock is owned by company insiders.

Analysts Set New Price Targets

LEU has been the subject of a number of research analyst reports. Zacks Research raised shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. B. Riley Financial cut 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. Citigroup reduced their target price on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Weiss Ratings lowered shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Finally, Roth Mkm lowered their price target on shares of Centrus Energy from $230.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $271.18.

Centrus Energy Stock Down 3.4%

LEU stock opened at $177.49 on Wednesday. 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 stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 58.77, a PEG ratio of 22.44 and a beta of 1.34. The business’s fifty day moving average price is $188.68 and its two-hundred day moving average price is $221.53. Centrus Energy Corp. has a fifty-two week low of $144.65 and a fifty-two week high of $464.25.

Centrus Energy (NYSE:LEU) last posted its earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The company had revenue of $76.70 million during the quarter, compared to the consensus estimate of $76.13 million. During the same quarter last year, the firm earned $1.60 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. On average, equities analysts anticipate that Centrus Energy Corp. will post 2.74 earnings per share for the current year.

Centrus Energy 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.