400 Shares in Centrus Energy Corp. (NYSE:LEU) Purchased by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 400 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Canton Hathaway LLC acquired a new position in Centrus Energy during the 4th quarter worth about $161,000. Ipswich Investment Management Co. Inc. acquired a new position in Centrus Energy during the 4th quarter valued at about $716,000. Venturi Wealth Management LLC acquired a new position in Centrus Energy during the 4th quarter valued at about $113,000. Vontobel Holding Ltd. lifted its position in Centrus Energy by 79.7% during the 4th quarter. Vontobel Holding Ltd. now owns 9,922 shares of the company’s stock valued at $658,000 after purchasing an additional 4,402 shares during the period. Finally, Financial Advocates Investment Management acquired a new position in Centrus Energy during the 4th quarter valued at about $216,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Insider Activity at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were 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 trade represents a 29.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Centrus Energy Stock Performance

Shares of NYSE:LEU opened at $84.00 on Tuesday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 19.05 and a beta of 1.17. The firm’s 50 day simple moving average is $86.16 and its 200 day simple moving average is $73.01. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. Centrus Energy Corp. has a fifty-two week low of $33.51 and a fifty-two week high of $122.95.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LEU. HC Wainwright began coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price on the stock. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $161.33.

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.