Larry B. Cutlip Sells 9,000 Shares of Centrus Energy Corp. (NYSEAMERICAN:LEU) Stock

Centrus Energy Corp. (NYSEAMERICAN:LEU – Get Rating) SVP Larry B. Cutlip sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $47.00, for a total transaction of $423,000.00. Following the transaction, the senior vice president now directly owns 332 shares of the company’s stock, valued at $15,604. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Centrus Energy Stock Performance

Shares of LEU stock opened at $44.00 on Thursday. The firm’s 50 day moving average is $43.08. The stock has a market capitalization of $639.76 million, a PE ratio of 5.48 and a beta of 2.13. Centrus Energy Corp. has a twelve month low of $17.36 and a twelve month high of $55.77.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Swiss National Bank increased its stake in shares of Centrus Energy by 7.7% in the 1st quarter. Swiss National Bank now owns 25,200 shares of the basic materials company’s stock valued at $849,000 after purchasing an additional 1,800 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Centrus Energy by 22.5% in the 1st quarter. JPMorgan Chase & Co. now owns 4,598 shares of the basic materials company’s stock valued at $155,000 after purchasing an additional 845 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Centrus Energy in the 1st quarter valued at about $269,000. MetLife Investment Management LLC increased its stake in shares of Centrus Energy by 57.0% in the 1st quarter. MetLife Investment Management LLC now owns 5,454 shares of the basic materials company’s stock valued at $184,000 after purchasing an additional 1,980 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Centrus Energy by 10.8% during the 1st quarter. Rhumbline Advisers now owns 11,938 shares of the basic materials company’s stock valued at $402,000 after buying an additional 1,168 shares in the last quarter. 32.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital upped their price target on shares of Centrus Energy from $70.00 to $76.00 in a report on Friday, December 2nd.

Centrus Energy Company Profile

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Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the following segments: Low-enriched Uranium (LEU) and Technical Solutions. The LEU segment includes various components of nuclear fuel to utilities from its global network of suppliers.