Dimensional Fund Advisors LP Buys 8,678 Shares of Centrus Energy Corp. (NYSE:LEU)

Dimensional Fund Advisors LP increased its stake in Centrus Energy Corp. (NYSE:LEU) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 297,708 shares of the company’s stock after acquiring an additional 8,678 shares during the period. Dimensional Fund Advisors LP owned about 1.90% of Centrus Energy worth $12,727,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in Centrus Energy by 382.1% in the second quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company’s stock valued at $9,516,000 after purchasing an additional 176,431 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Centrus Energy during the 1st quarter valued at $2,076,000. Price T Rowe Associates Inc. MD boosted its position in Centrus Energy by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock valued at $14,048,000 after buying an additional 46,254 shares during the period. Vanguard Group Inc. grew its holdings in Centrus Energy by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock worth $31,815,000 after acquiring an additional 17,033 shares during the last quarter. Finally, Sara Bay Financial increased its position in shares of Centrus Energy by 3.9% in the second quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock valued at $14,415,000 after acquiring an additional 12,514 shares during the period. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. StockNews.com raised Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Roth Mkm decreased their target price on Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a report on Thursday, August 8th.

Centrus Energy Price Performance

LEU stock opened at $67.82 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $67.93. The firm has a 50-day moving average of $42.86 and a 200 day moving average of $43.48. The company has a market cap of $1.10 billion, a P/E ratio of 14.91 and a beta of 1.32.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data 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 the consensus estimate of $82.70 million. Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. On average, sell-side analysts forecast that Centrus Energy Corp. will post 3.06 EPS for the current 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.