JPMorgan Chase & Co. Has $345,000 Position in Centrus Energy Corp. (NYSE:LEU)

JPMorgan Chase & Co. increased its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,288 shares of the company’s stock after buying an additional 186 shares during the quarter. JPMorgan Chase & Co.’s holdings in Centrus Energy were worth $345,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. FMR LLC lifted its position in shares of Centrus Energy by 79.3% in the third quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after purchasing an additional 188,478 shares in the last quarter. Point72 Asset Management L.P. increased its stake in shares of Centrus Energy by 53.8% in the second quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company’s stock worth $6,338,000 after acquiring an additional 51,836 shares during the last quarter. L & S Advisors Inc acquired a new stake in shares of Centrus Energy during the 3rd quarter valued at about $2,089,000. Daiwa Securities Group Inc. acquired a new position in Centrus Energy in the third quarter worth approximately $1,895,000. Finally, Rockefeller Capital Management L.P. raised its position in Centrus Energy by 97.9% during the third quarter. Rockefeller Capital Management L.P. now owns 63,480 shares of the company’s stock valued at $3,482,000 after acquiring an additional 31,408 shares in the last quarter. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Stock Performance

Shares of NYSE LEU opened at $81.38 on Thursday. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $118.36. The company has a market cap of $1.33 billion, a P/E ratio of 16.99 and a beta of 1.17. The business’s 50 day moving average is $76.32 and its two-hundred day moving average is $63.58. The company has a quick ratio of 1.03, a current ratio of 1.63 and a debt-to-equity ratio of 1.44.

Centrus Energy (NYSE:LEU) last released its earnings results on Monday, October 28th. The company reported ($0.30) EPS 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 analyst estimates of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. On average, equities analysts expect that Centrus Energy Corp. will post 2.28 EPS for the current year.

Wall Street Analysts Forecast Growth

LEU has been the topic of several analyst reports. Roth Mkm dropped their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. B. Riley boosted their target price on Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating 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 report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $92.00.

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.