Diamond Hill Capital Management Inc. Has $6.88 Million Holdings in Centrus Energy Corp. (NYSE:LEU)

Diamond Hill Capital Management Inc. trimmed its holdings in Centrus Energy Corp. (NYSE:LEU) by 17.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,251 shares of the company’s stock after selling 21,130 shares during the period. Diamond Hill Capital Management Inc.’s holdings in Centrus Energy were worth $6,878,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. FMR LLC grew its stake in Centrus Energy by 79.3% during the third quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after buying an additional 188,478 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock worth $17,552,000 after acquiring an additional 15,080 shares during the period. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy during the 4th quarter worth approximately $15,215,000. Charles Schwab Investment Management Inc. increased its stake in Centrus Energy by 5.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company’s stock valued at $8,086,000 after acquiring an additional 6,709 shares during the last quarter. Finally, TB Alternative Assets Ltd. acquired a new position in Centrus Energy during the fourth quarter valued at approximately $7,907,000. 49.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction dated 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 approximately $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Centrus Energy Stock Up 6.1 %

Shares of NYSE:LEU opened at $76.38 on Friday. Centrus Energy Corp. has a 52-week low of $33.51 and a 52-week high of $122.95. The company has a market capitalization of $1.28 billion, a PE ratio of 17.32 and a beta of 1.35. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The company has a fifty day moving average of $87.49 and a 200-day moving average of $75.00.

Wall Street Analyst Weigh In

LEU has been the topic of a number of research analyst reports. Citigroup began coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 target price on the stock. HC Wainwright assumed coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 price objective on the stock. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Centrus Energy has a consensus rating of “Hold” and an average target price of $147.00.

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.