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

Victory Capital Management Inc. lifted its position in Centrus Energy Corp. (NYSE:LEU) by 117.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,431 shares of the company’s stock after purchasing an additional 8,874 shares during the quarter. Victory Capital Management Inc. owned about 0.10% of Centrus Energy worth $901,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Evermay Wealth Management LLC grew its holdings in Centrus Energy by 3.5% during the third quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock worth $284,000 after acquiring an additional 175 shares during the period. Old West Investment Management LLC grew its holdings in Centrus Energy by 3.3% during the second quarter. Old West Investment Management LLC now owns 9,889 shares of the company’s stock worth $423,000 after acquiring an additional 316 shares during the period. SeaCrest Wealth Management LLC grew its holdings in Centrus Energy by 10.1% during the second quarter. SeaCrest Wealth Management LLC now owns 5,715 shares of the company’s stock worth $244,000 after acquiring an additional 525 shares during the period. nVerses Capital LLC grew its holdings in Centrus Energy by 133.3% during the second quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock worth $60,000 after acquiring an additional 800 shares during the period. Finally, Vontobel Holding Ltd. grew its holdings in Centrus Energy by 17.3% during the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock worth $303,000 after acquiring an additional 815 shares during the period. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Stock Performance

Shares of NYSE:LEU opened at $82.67 on Thursday. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $118.36. The firm has a market capitalization of $1.36 billion, a PE ratio of 17.26 and a beta of 1.19. 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 business’s 50 day moving average price is $75.67 and its 200-day moving average price is $53.90.

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

Analysts Set New Price Targets

LEU has been the topic of several research analyst reports. StockNews.com raised Centrus Energy to a “sell” rating in a report on Wednesday, August 7th. Roth Capital lowered Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Roth Mkm lowered their price target on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Finally, B. Riley lifted their price target on Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $92.00.

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.