Centrus Energy Corp. (NYSE:LEU) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 5.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 114,683 shares of the company’s stock after purchasing an additional 5,919 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Centrus Energy were worth $6,290,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Point72 DIFC Ltd acquired a new stake in Centrus Energy during the 2nd quarter worth approximately $42,000. nVerses Capital LLC increased its holdings in Centrus Energy by 133.3% in the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Centrus Energy by 181.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock worth $115,000 after purchasing an additional 1,754 shares in the last quarter. Heritage Investors Management Corp purchased a new stake in shares of Centrus Energy in the third quarter worth about $203,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Centrus Energy in the second quarter valued at about $233,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Roth Mkm cut their price objective on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Roth Capital cut Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, B. Riley raised their price objective on Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $92.00.

Centrus Energy Stock Performance

LEU opened at $75.12 on Thursday. The business has a 50 day moving average price of $80.67 and a two-hundred day moving average price of $56.18. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 15.68 and a beta of 1.12. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $118.36.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.48). The company had revenue of $57.70 million for the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. Research analysts predict that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

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.