Victory Capital Management Inc. Increases Holdings in Centrus Energy Corp. (NYSE:LEU)

Victory Capital Management Inc. boosted its position in shares of Centrus Energy Corp. (NYSE:LEU) by 26.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,557 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Victory Capital Management Inc.’s holdings in Centrus Energy were worth $323,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Wolff Wiese Magana LLC bought a new position in shares of Centrus Energy during the second quarter valued at approximately $43,000. nVerses Capital LLC boosted its position in Centrus Energy by 133.3% during the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after acquiring an additional 800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Centrus Energy by 181.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock valued at $115,000 after acquiring an additional 1,754 shares during the period. SeaCrest Wealth Management LLC bought a new position in shares of Centrus Energy in the 1st quarter worth $216,000. Finally, Private Advisor Group LLC lifted its stake in shares of Centrus Energy by 43.6% during the 1st quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock worth $345,000 after purchasing an additional 2,523 shares during the last quarter. 49.96% of the stock is owned by institutional investors.

Centrus Energy Price Performance

Shares of LEU stock opened at $50.10 on Tuesday. The firm has a market capitalization of $785.37 million, a price-to-earnings ratio of 11.01 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 50-day simple moving average is $40.14 and its 200-day simple moving average is $42.24. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $61.35.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LEU shares. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a report on Wednesday, August 7th. Roth Mkm cut their price target 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.