Centrus Energy Corp. (NYSE:LEU) Shares Sold by Denali Advisors LLC

Denali Advisors LLC cut its stake in Centrus Energy Corp. (NYSE:LEU) by 69.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,214 shares of the company’s stock after selling 20,717 shares during the period. Denali Advisors LLC owned 0.06% of Centrus Energy worth $383,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Centrus Energy by 189.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company’s stock valued at $5,587,000 after purchasing an additional 64,421 shares in the last quarter. HighTower Advisors LLC bought a new position in Centrus Energy during the 3rd quarter worth approximately $285,000. Riverwater Partners LLC grew its position in shares of Centrus Energy by 2.3% in the 4th quarter. Riverwater Partners LLC now owns 13,152 shares of the company’s stock worth $716,000 after acquiring an additional 297 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Centrus Energy by 24.8% in the 4th quarter. SG Americas Securities LLC now owns 7,030 shares of the company’s stock valued at $383,000 after acquiring an additional 1,397 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Centrus Energy by 6.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock valued at $41,418,000 after acquiring an additional 47,789 shares in the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Trading Up 0.6 %

Shares of NYSE LEU opened at $42.23 on Thursday. Centrus Energy Corp. has a 12-month low of $28.42 and a 12-month high of $61.35. The company has a market cap of $662.17 million, a price-to-earnings ratio of 9.23 and a beta of 1.33. The company has a current ratio of 1.44, a quick ratio of 0.83 and a debt-to-equity ratio of 3.67. The stock’s 50 day simple moving average is $44.55 and its 200 day simple moving average is $45.72.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, May 7th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.88). Centrus Energy had a return on equity of 2,962.50% and a net margin of 23.94%. The company had revenue of $43.70 million during the quarter, compared to analyst estimates of $72.70 million. Equities research analysts expect that Centrus Energy Corp. will post 2.61 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Monday. Roth Mkm decreased their price target on shares of Centrus Energy from $65.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, May 9th.

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.