Atlas Wealth LLC Buys Shares of 25,207 Centrus Energy Corp. $LEU

Atlas Wealth LLC purchased a new position in Centrus Energy Corp. (NYSE:LEU) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 25,207 shares of the company’s stock, valued at approximately $4,376,000.

A number of other large investors have also made changes to their positions in LEU. Vermillion Wealth Management Inc. lifted its holdings in shares of Centrus Energy by 5,000.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Aventura Private Wealth LLC purchased a new position in Centrus Energy during the 4th quarter worth $30,000. Fulcrum Asset Management LLP acquired a new position in Centrus Energy during the 3rd quarter valued at about $34,000. Leonteq Securities AG purchased a new stake in Centrus Energy in the first quarter valued at about $35,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in Centrus Energy in the fourth quarter valued at about $36,000. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Price Performance

NYSE:LEU opened at $156.23 on Friday. Centrus Energy Corp. has a 52 week low of $142.13 and a 52 week high of $464.25. The stock’s fifty day moving average is $173.67 and its two-hundred day moving average is $210.30. The company has a market capitalization of $3.07 billion, a P/E ratio of 51.73, a P/E/G ratio of 18.22 and a beta of 1.35. The company has a quick ratio of 4.88, a current ratio of 5.72 and a debt-to-equity ratio of 1.52.

Centrus Energy (NYSE:LEU) last announced its earnings results on Tuesday, May 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The company had revenue of $76.70 million for the quarter, compared to analyst estimates of $76.13 million. During the same quarter in the previous year, the company earned $1.60 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities analysts expect that Centrus Energy Corp. will post 2.7 EPS for the current year.

Insider Activity at Centrus Energy

In other Centrus Energy news, CFO Todd M. Tinelli sold 306 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $203.55, for a total value of $62,286.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.72% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. B. Riley Financial dropped their price target on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Weiss Ratings cut shares of Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. Needham & Company LLC assumed coverage on shares of Centrus Energy in a research report on Thursday, July 9th. They set a “buy” rating and a $264.00 target price on the stock. Citigroup cut their price target on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Finally, Zacks Research raised shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $252.08.

About Centrus Energy

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.