Diamond Hill Capital Management Inc. Sells 21,130 Shares of Centrus Energy Corp. (NYSE:LEU)

Diamond Hill Capital Management Inc. trimmed its stake in Centrus Energy Corp. (NYSE:LEU) by 17.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,251 shares of the company’s stock after selling 21,130 shares during the quarter. Diamond Hill Capital Management Inc. owned approximately 0.63% of Centrus Energy worth $6,878,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Barclays PLC boosted its holdings in shares of Centrus Energy by 103.8% in the 3rd quarter. Barclays PLC now owns 37,588 shares of the company’s stock valued at $2,061,000 after buying an additional 19,140 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Centrus Energy by 97.9% in 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 during the last quarter. Geode Capital Management LLC grew its position in shares of Centrus Energy by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock valued at $17,552,000 after acquiring an additional 15,080 shares during the period. Legacy Bridge LLC bought a new position in shares of Centrus Energy in the 4th quarter valued at about $657,000. Finally, Algert Global LLC acquired a new position in shares of Centrus Energy during the 3rd quarter worth about $929,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on LEU shares. HC Wainwright began coverage on Centrus Energy in a report on Tuesday, February 25th. They set a “buy” rating and a $300.00 price target for the company. Citigroup assumed coverage on Centrus Energy in a research note on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price for the company. Finally, StockNews.com raised Centrus Energy to a “sell” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $147.00.

Insider Transactions 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 transaction, the senior vice president now directly owns 9,402 shares of the company’s stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Centrus Energy Trading Up 6.1 %

Shares of LEU stock opened at $76.38 on Friday. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.95. The company has a market capitalization of $1.28 billion, a PE ratio of 17.32 and a beta of 1.35. The firm has a 50 day moving average price of $87.49 and a two-hundred day moving average price of $75.00. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.

Centrus Energy Company 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.