Virtu Financial LLC Acquires Shares of 17,940 Centrus Energy Corp. (NYSE:LEU)

Virtu Financial LLC bought a new stake in Centrus Energy Corp. (NYSE:LEU) in the fourth quarter, Holdings Channel reports. The institutional investor bought 17,940 shares of the company’s stock, valued at approximately $1,195,000.

Other institutional investors also recently modified their holdings of the company. Reaves W H & Co. Inc. acquired a new position in shares of Centrus Energy in the 4th quarter worth approximately $15,215,000. FMR LLC boosted its holdings in shares of Centrus Energy by 79.3% in the 3rd quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after acquiring an additional 188,478 shares in the last quarter. TB Alternative Assets Ltd. acquired a new position in shares of Centrus Energy in the 4th quarter worth approximately $7,907,000. Exchange Traded Concepts LLC boosted its holdings in shares of Centrus Energy by 290.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company’s stock worth $4,732,000 after acquiring an additional 52,866 shares in the last quarter. Finally, Daiwa Securities Group Inc. acquired a new position in shares of Centrus Energy in the 3rd quarter worth approximately $1,895,000. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Performance

LEU stock opened at $74.02 on Monday. The business’s fifty day moving average is $87.54 and its 200-day moving average is $76.80. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The company has a market cap of $1.24 billion, a P/E ratio of 16.78 and a beta of 1.35. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $122.95.

Insider Activity

In other 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 owns 9,402 shares of the company’s stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. HC Wainwright assumed coverage on Centrus Energy in a report on Tuesday, February 25th. They set a “buy” rating and a $300.00 price objective on the stock. Finally, Citigroup assumed coverage on Centrus Energy in a report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $147.00.

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.