Denali Advisors LLC Has $506,000 Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Denali Advisors LLC lifted its position in Centrus Energy Corp. (NYSE:LEU) by 28.4% during the 2nd quarter, Holdings Channel reports. The firm owned 11,831 shares of the company’s stock after buying an additional 2,617 shares during the quarter. Denali Advisors LLC’s holdings in Centrus Energy were worth $506,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in 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 buying an additional 176,431 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Centrus Energy during the 1st quarter worth approximately $2,076,000. Price T Rowe Associates Inc. MD increased its holdings in 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 valued at $14,048,000 after purchasing an additional 46,254 shares in the last quarter. Vanguard Group Inc. raised its position in Centrus Energy by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after purchasing an additional 17,033 shares during the last quarter. Finally, Sara Bay Financial raised its position in Centrus Energy by 3.9% in the 2nd quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock valued at $14,415,000 after purchasing an additional 12,514 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Stock Down 0.0 %

NYSE:LEU opened at $39.86 on Wednesday. The company has a market cap of $624.77 million, a price-to-earnings ratio of 8.76 and a beta of 1.31. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52. The stock’s fifty day moving average price is $40.29 and its two-hundred day moving average price is $42.15. Centrus Energy Corp. has a 52-week low of $33.51 and a 52-week high of $61.35.

Centrus Energy (NYSE:LEU) last released its earnings results on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12. The company had revenue of $189.00 million during the quarter, compared to the consensus estimate of $82.70 million. Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. On average, analysts anticipate that Centrus Energy Corp. will post 3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

LEU has been the subject of a number of research reports. StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Wednesday, August 7th. Roth Mkm decreased their price objective on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, August 8th.

Centrus Energy Company 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.