Evermay Wealth Management LLC Grows Holdings in Centrus Energy Corp. (NYSE:LEU)

Evermay Wealth Management LLC increased its position in shares of Centrus Energy Corp. (NYSE:LEU) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,175 shares of the company’s stock after purchasing an additional 175 shares during the period. Evermay Wealth Management LLC’s holdings in Centrus Energy were worth $284,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LEU. Bank of New York Mellon Corp grew its position in shares of Centrus Energy by 382.1% during the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock worth $9,516,000 after purchasing an additional 176,431 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in Centrus Energy by 53.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company’s stock valued at $6,338,000 after purchasing an additional 51,836 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Centrus Energy in the first quarter worth about $2,076,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Centrus Energy by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock worth $14,048,000 after acquiring an additional 46,254 shares during the last quarter. Finally, Decade Renewable Partners LP bought a new position in shares of Centrus Energy in the second quarter worth about $1,479,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Roth Mkm lowered shares of Centrus Energy from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $55.00 to $62.00 in a research note on Thursday, October 10th. Roth Capital downgraded shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $67.00.

Centrus Energy Price Performance

Shares of NYSE LEU traded down $4.67 during mid-day trading on Wednesday, reaching $100.28. The company’s stock had a trading volume of 442,684 shares, compared to its average volume of 343,352. The stock has a market capitalization of $1.63 billion, a P/E ratio of 21.58 and a beta of 1.32. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $108.72. The stock has a 50-day moving average of $56.17 and a two-hundred day moving average of $47.73. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.48). Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. The company had revenue of $57.70 million for the quarter, compared to analyst estimates of $56.50 million. On average, equities research analysts anticipate that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

About Centrus Energy

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.