809 Shares in Centrus Energy Corp. $LEU Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC acquired a new position in Centrus Energy Corp. (NYSE:LEU) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 809 shares of the company’s stock, valued at approximately $148,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of LEU. Wealth Enhancement Advisory Services LLC grew its stake in Centrus Energy by 380.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company’s stock worth $401,000 after purchasing an additional 5,108 shares in the last quarter. KBC Group NV bought a new stake in Centrus Energy during the 1st quarter valued at $53,000. Teacher Retirement System of Texas boosted its position in Centrus Energy by 21.1% during the 1st quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company’s stock valued at $866,000 after acquiring an additional 2,422 shares in the last quarter. Goehring & Rozencwajg Associates LLC boosted its position in Centrus Energy by 2.2% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 212,362 shares of the company’s stock valued at $13,211,000 after acquiring an additional 4,606 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in Centrus Energy by 10.6% during the 1st quarter. Arizona State Retirement System now owns 4,496 shares of the company’s stock valued at $280,000 after acquiring an additional 432 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Performance

Shares of LEU opened at $314.83 on Thursday. The stock has a 50-day moving average of $274.42 and a two-hundred day moving average of $188.73. Centrus Energy Corp. has a one year low of $49.40 and a one year high of $464.25. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock has a market cap of $5.73 billion, a P/E ratio of 71.39 and a beta of 1.51.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.During the same quarter in the previous year, the company posted $1.89 earnings per share. The company’s revenue was down 18.3% on a year-over-year basis. As a group, research analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of Centrus Energy in a research report on Wednesday, July 9th. UBS Group raised Centrus Energy to a “hold” rating and set a $215.00 target price on the stock in a research report on Monday, July 21st. Stifel Nicolaus assumed coverage on Centrus Energy in a research report on Friday, July 11th. They set a “buy” rating and a $220.00 target price on the stock. Northland Securities set a $275.00 target price on Centrus Energy in a research report on Thursday, August 7th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $300.00 target price on shares of Centrus Energy in a research report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $202.09.

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.