Centrus Energy Corp. (NYSE:LEU) SVP Sells $481,240.00 in Stock

Centrus Energy Corp. (NYSE:LEU) 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 value 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 trade represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Centrus Energy Stock Performance

Shares of NYSE LEU traded down $2.03 during trading hours on Thursday, reaching $116.68. The stock had a trading volume of 596,827 shares, compared to its average volume of 912,539. The firm has a 50-day moving average of $79.04 and a 200-day moving average of $67.27. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 26.57 and a beta of 1.17. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $122.94.

Institutional Investors Weigh In On Centrus Energy

Large investors have recently modified their holdings of the company. Scotia Capital Inc. acquired a new position in Centrus Energy in the fourth quarter valued at $583,000. Raymond James Financial Inc. acquired a new position in Centrus Energy in the 4th quarter valued at about $370,000. Renaissance Technologies LLC raised its stake in Centrus Energy by 25.7% during the 4th quarter. Renaissance Technologies LLC now owns 87,400 shares of the company’s stock valued at $5,822,000 after acquiring an additional 17,849 shares during the last quarter. Invesco Ltd. lifted its position in Centrus Energy by 509.3% during the 4th quarter. Invesco Ltd. now owns 25,073 shares of the company’s stock worth $1,670,000 after acquiring an additional 20,958 shares during the period. Finally, Old West Investment Management LLC lifted its position in Centrus Energy by 1.9% during the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company’s stock worth $676,000 after acquiring an additional 192 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Roth Mkm decreased their target price on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. B. Riley raised their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Monday.

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.