RFG Advisory LLC Takes Position in Centrus Energy Corp. $LEU

RFG Advisory LLC bought a new position in Centrus Energy Corp. (NYSE:LEU) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,289 shares of the company’s stock, valued at approximately $236,000.

A number of other large investors have also recently added to or reduced their stakes in LEU. Stone House Investment Management LLC acquired a new position in Centrus Energy during the first quarter valued at approximately $28,000. USA Financial Formulas bought a new stake in shares of Centrus Energy during the 2nd quarter worth $35,000. Comerica Bank boosted its holdings in shares of Centrus Energy by 589.5% during the 1st quarter. Comerica Bank now owns 655 shares of the company’s stock worth $41,000 after buying an additional 560 shares during the period. Farther Finance Advisors LLC grew its stake in Centrus Energy by 2,084.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 284 shares of the company’s stock valued at $52,000 after buying an additional 271 shares during the last quarter. Finally, KBC Group NV bought a new position in Centrus Energy in the 1st quarter worth $53,000. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Down 8.5%

LEU stock opened at $380.18 on Monday. Centrus Energy Corp. has a twelve month low of $49.40 and a twelve month high of $464.25. 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 $6.92 billion, a PE ratio of 86.21 and a beta of 1.51. The business’s 50-day simple moving average is $265.06 and its 200 day simple moving average is $184.12.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating the consensus estimate 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 period in the previous year, the business posted $1.89 earnings per share. The business’s revenue was down 18.3% on a year-over-year basis. On average, research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on LEU shares. Northland Securities set a $275.00 target price on shares of Centrus Energy in a research report on Thursday, August 7th. William Blair reiterated an “outperform” rating on shares of Centrus Energy in a research note on Wednesday, July 9th. UBS Group upgraded Centrus Energy to a “hold” rating and set a $215.00 target price for the company in a research note on Monday, July 21st. JPMorgan Chase & Co. raised their target price on Centrus Energy from $150.00 to $164.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Finally, Stifel Nicolaus initiated coverage on Centrus Energy in a research report on Friday, July 11th. They issued a “buy” rating and a $220.00 price target on the stock. One equities research 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 data from MarketBeat.com, Centrus Energy has a consensus 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.