Centrus Energy Corp. (NYSE:LEU) SVP Sells $481,240.00 in Stock

Centrus Energy Corp. (NYSE:LEU) SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares of the company’s stock, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Centrus Energy Stock Performance

Centrus Energy stock opened at $113.99 on Friday. The company has a market cap of $1.87 billion, a PE ratio of 25.85 and a beta of 1.17. The company has a fifty day moving average price of $80.53 and a two-hundred day moving average price of $68.30. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.94.

Hedge Funds Weigh In On Centrus Energy

Hedge funds have recently added to or reduced their stakes in the business. Diamond Hill Capital Management Inc. boosted its holdings in Centrus Energy by 22.2% in the third quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company’s stock worth $6,822,000 after purchasing an additional 22,605 shares during the period. SG Americas Securities LLC acquired a new position in shares of Centrus Energy during the third quarter valued at $281,000. The Manufacturers Life Insurance Company acquired a new position in shares of Centrus Energy during the second quarter valued at $233,000. Vontobel Holding Ltd. boosted its holdings in shares of Centrus Energy by 17.3% during the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock valued at $303,000 after acquiring an additional 815 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company’s stock valued at $2,061,000 after acquiring an additional 19,140 shares during the period. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LEU. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Roth Mkm dropped their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Finally, B. Riley lifted their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th.

About Centrus Energy

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.