Centrus Energy Corp. (NYSE:LEU) Stock Holdings Cut by Boundary Creek Advisors LP

Boundary Creek Advisors LP trimmed its position in Centrus Energy Corp. (NYSE:LEU) by 62.2% during the 4th quarter, HoldingsChannel reports. The firm owned 218,818 shares of the company’s stock after selling 360,377 shares during the period. Centrus Energy comprises about 1.0% of Boundary Creek Advisors LP’s investment portfolio, making the stock its 6th biggest position. Boundary Creek Advisors LP’s holdings in Centrus Energy were worth $14,575,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of LEU. JPMorgan Chase & Co. lifted its position in shares of Centrus Energy by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock valued at $345,000 after buying an additional 186 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after buying an additional 192 shares in the last quarter. Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy during the 4th quarter valued at about $27,000. Janney Montgomery Scott LLC lifted its holdings in Centrus Energy by 5.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company’s stock worth $673,000 after purchasing an additional 562 shares in the last quarter. Finally, Swiss National Bank lifted its holdings in Centrus Energy by 2.6% in the 4th quarter. Swiss National Bank now owns 27,600 shares of the company’s stock worth $1,838,000 after purchasing an additional 700 shares in the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. HC Wainwright assumed coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price target on the stock. Citigroup assumed coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price target on the stock. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $147.00.

Centrus Energy Stock Performance

NYSE:LEU opened at $75.97 on Thursday. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $122.95. The stock’s 50 day simple moving average is $87.44 and its two-hundred day simple moving average is $76.01. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 17.23 and a beta of 1.35.

Insiders Place Their Bets

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction that occurred 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 sale, the senior vice president now owns 9,402 shares of the company’s stock, valued at $1,131,154.62. The trade was a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Centrus Energy Profile

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.