Royce & Associates LP Purchases Shares of 6,000 Centrus Energy Corp. (NYSE:LEU)

Royce & Associates LP purchased a new stake in shares of Centrus Energy Corp. (NYSE:LEU) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,000 shares of the company’s stock, valued at approximately $400,000.

A number of other large investors have also made changes to their positions in LEU. JPMorgan Chase & Co. grew its stake in shares of Centrus Energy by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock valued at $345,000 after acquiring an additional 186 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after acquiring an additional 192 shares during the period. Cape Investment Advisory Inc. bought a new position in shares of Centrus Energy during the 4th quarter valued at approximately $27,000. Janney Montgomery Scott LLC grew its stake in shares of Centrus Energy by 5.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company’s stock valued at $673,000 after acquiring an additional 562 shares during the period. Finally, Swiss National Bank grew its stake in shares of Centrus Energy by 2.6% during the 4th quarter. Swiss National Bank now owns 27,600 shares of the company’s stock valued at $1,838,000 after acquiring an additional 700 shares during the period. 49.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LEU shares. StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Citigroup started coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price target on the stock. Finally, HC Wainwright started coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Centrus Energy presently has a consensus rating of “Hold” and a consensus price target of $147.00.

Insider Transactions at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the sale, the senior vice president now directly owns 9,402 shares of the company’s stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

Centrus Energy Stock Down 0.4 %

NYSE LEU opened at $74.02 on Friday. The stock has a market cap of $1.24 billion, a PE ratio of 16.78 and a beta of 1.35. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. The stock’s 50 day moving average is $87.54 and its 200 day moving average is $76.24. The company has a current ratio of 2.93, a quick ratio of 2.46 and a debt-to-equity ratio of 3.09.

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.