Centrus Energy (NYSE:LEU) Now Covered by Citigroup

Citigroup assumed coverage on shares of Centrus Energy (NYSE:LEU) in a report issued on Tuesday morning, MarketBeat reports. The firm issued a neutral rating and a $104.00 price target on the stock.

Other research analysts have also issued reports about the company. StockNews.com upgraded Centrus Energy to a “sell” rating in a research note on Monday, February 10th. HC Wainwright began coverage on Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Centrus Energy has an average rating of “Hold” and a consensus price target of $147.00.

Centrus Energy Stock Up 5.7 %

Shares of LEU stock opened at $88.80 on Tuesday. The stock has a 50 day moving average of $86.56 and a 200-day moving average of $73.38. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm has a market cap of $1.49 billion, a PE ratio of 20.14 and a beta of 1.17. Centrus Energy has a 12 month low of $33.51 and a 12 month high of $122.95.

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the sale, the senior vice president now directly owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Centrus Energy

A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock worth $345,000 after purchasing an additional 186 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Centrus Energy by 0.6% during the fourth quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company’s stock worth $1,947,000 after purchasing an additional 188 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock worth $29,000 after purchasing an additional 192 shares during the last quarter. Old West Investment Management LLC grew its holdings in shares of Centrus Energy by 1.9% during the fourth quarter. Old West Investment Management LLC now owns 10,147 shares of the company’s stock worth $676,000 after purchasing an additional 192 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in shares of Centrus Energy by 16.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company’s stock worth $93,000 after purchasing an additional 195 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

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.