Canton Hathaway LLC Purchases Shares of 2,410 Centrus Energy Corp. (NYSE:LEU)

Canton Hathaway LLC purchased a new stake in Centrus Energy Corp. (NYSE:LEU) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,410 shares of the company’s stock, valued at approximately $161,000.

A number of other hedge funds have also modified their holdings of LEU. Private Advisor Group LLC acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $348,000. Evermay Wealth Management LLC raised its holdings in shares of Centrus Energy by 3.5% in the 3rd quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock worth $284,000 after buying an additional 175 shares in the last quarter. Heritage Investors Management Corp acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $203,000. CWA Asset Management Group LLC acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $244,000. Finally, Diamond Hill Capital Management Inc. raised its holdings in shares of Centrus Energy by 22.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company’s stock worth $6,822,000 after buying an additional 22,605 shares in the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LEU has been the subject of a number of recent research reports. StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. B. Riley increased their price target on Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. HC Wainwright initiated coverage on Centrus Energy in a research report on Tuesday. They set a “buy” rating and a $300.00 price target on the stock. Finally, Roth Mkm decreased their price target on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $161.33.

Centrus Energy Stock Down 8.8 %

NYSE LEU opened at $89.58 on Tuesday. The firm has a market cap of $1.50 billion, a PE ratio of 20.31 and a beta of 1.17. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $122.94. The stock’s 50 day simple moving average is $84.15 and its 200 day simple moving average is $71.22. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46.

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

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.