Centrus Energy Corp. $LEU Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its position in Centrus Energy Corp. (NYSE:LEU) by 349.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,479 shares of the company’s stock after purchasing an additional 38,472 shares during the period. Rockefeller Capital Management L.P.’s holdings in Centrus Energy were worth $12,012,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vermillion Wealth Management Inc. boosted its position in shares of Centrus Energy by 5,000.0% in the 4th quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 100 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in Centrus Energy during the 4th quarter valued at about $30,000. RiverPark Advisors LLC purchased a new position in Centrus Energy during the 3rd quarter valued at about $33,000. Fulcrum Asset Management LLP acquired a new position in Centrus Energy during the third quarter worth about $34,000. Finally, Hilton Head Capital Partners LLC acquired a new position in Centrus Energy during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Insider Buying and Selling

In other news, CFO Todd M. Tinelli sold 306 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $203.55, for a total transaction of $62,286.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.72% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Citigroup reduced their price target on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. B. Riley Financial lowered their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, April 24th. UBS Group cut their price target on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Zacks Research upgraded Centrus Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Weiss Ratings lowered Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $271.18.

Centrus Energy Price Performance

LEU stock opened at $170.57 on Thursday. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 56.48, a price-to-earnings-growth ratio of 21.69 and a beta of 1.34. 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 Corp. has a 52-week low of $144.65 and a 52-week high of $464.25. The stock’s fifty day simple moving average is $188.26 and its 200-day simple moving average is $220.77.

Centrus Energy (NYSE:LEU) last released its earnings results on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.33 by $0.72. Centrus Energy had a return on equity of 13.10% and a net margin of 13.40%.The firm had revenue of $76.70 million during the quarter, compared to analyst estimates of $76.13 million. During the same period in the prior year, the firm posted $1.60 earnings per share. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities research analysts expect that Centrus Energy Corp. will post 2.74 EPS for the current year.

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.