Chesapeake Capital Corp IL Purchases New Stake in Centrus Energy Corp. (NYSE:LEU)

Chesapeake Capital Corp IL purchased a new stake in Centrus Energy Corp. (NYSE:LEU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,449 shares of the company’s stock, valued at approximately $315,000.

Several other hedge funds have also recently bought and sold shares of the business. Point72 DIFC Ltd purchased a new stake in shares of Centrus Energy during the second quarter valued at approximately $42,000. Wolff Wiese Magana LLC purchased a new stake in shares of Centrus Energy during the second quarter valued at approximately $43,000. nVerses Capital LLC raised its stake in shares of Centrus Energy by 133.3% during the second quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Centrus Energy by 181.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock valued at $115,000 after purchasing an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp purchased a new stake in shares of Centrus Energy during the third quarter valued at approximately $203,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $70.16 on Monday. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $118.36. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 14.65 and a beta of 1.19. The stock’s 50 day moving average price is $69.22 and its 200 day moving average price is $51.94. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03.

Centrus Energy (NYSE:LEU) last announced its earnings results on Monday, October 28th. The company reported ($0.30) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.48). The firm had revenue of $57.70 million for the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. Equities research analysts anticipate that Centrus Energy Corp. will post 2.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LEU has been the subject of a number of research analyst reports. Roth Mkm dropped their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. B. Riley lifted their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Roth Capital lowered shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Centrus Energy presently has an average rating of “Hold” and a consensus target price of $92.00.

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.