AQR Capital Management LLC Acquires New Shares in Centrus Energy Corp. (NYSE:LEU)

AQR Capital Management LLC acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,440 shares of the company’s stock, valued at approximately $275,000.

A number of other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Centrus Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after purchasing an additional 17,033 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock valued at $14,048,000 after purchasing an additional 46,254 shares during the last quarter. Sara Bay Financial boosted its position in Centrus Energy by 3.9% during the second quarter. Sara Bay Financial now owns 337,201 shares of the company’s stock valued at $14,415,000 after purchasing an additional 12,514 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Centrus Energy by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company’s stock valued at $12,727,000 after purchasing an additional 8,678 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Centrus Energy by 382.1% during 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. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $77.40 on Thursday. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $77.49. The business has a 50-day moving average of $46.57 and a two-hundred day moving average of $44.73. The stock has a market capitalization of $1.26 billion, a P/E ratio of 13.80 and a beta of 1.32. 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 (NYSE:LEU) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12. The business had revenue of $189.00 million for the quarter, compared to analyst estimates of $82.70 million. Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. On average, equities research analysts predict that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on LEU shares. StockNews.com raised Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Roth Capital cut Centrus Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. Finally, Roth Mkm cut Centrus Energy from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $55.00 to $62.00 in a research report on Thursday, October 10th. One investment 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $67.00.

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.