UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in Centrus Energy Corp. (NYSE:LEU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Centrus Energy Corp. (NYSE:LEU) by 17.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,122 shares of the company’s stock after buying an additional 4,694 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of Centrus Energy worth $1,762,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in Centrus Energy by 79.3% during the third quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after buying an additional 188,478 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Centrus Energy by 382.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock worth $9,516,000 after acquiring an additional 176,431 shares during the last quarter. Point72 Asset Management L.P. boosted its position in shares of Centrus Energy by 53.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company’s stock worth $6,338,000 after purchasing an additional 51,836 shares during the period. L & S Advisors Inc acquired a new stake in Centrus Energy in the 3rd quarter valued at approximately $2,089,000. Finally, Decade Renewable Partners LP purchased a new stake in Centrus Energy in the second quarter valued at approximately $1,479,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Centrus Energy Stock Up 5.2 %

Shares of NYSE LEU opened at $76.16 on Tuesday. The stock has a market cap of $1.25 billion, a P/E ratio of 15.26 and a beta of 1.12. The business’s fifty day simple moving average is $80.96 and its 200-day simple moving average is $56.56. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $118.36. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results 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 analysts’ expectations of $56.50 million. Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. As a group, equities analysts predict that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

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.