White Pine Capital LLC Makes New $794,000 Investment in Centrus Energy Corp. $LEU

White Pine Capital LLC acquired a new stake in shares of Centrus Energy Corp. (NYSE:LEU) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,561 shares of the company’s stock, valued at approximately $794,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nisa Investment Advisors LLC increased its position in shares of Centrus Energy by 157.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 183 shares of the company’s stock valued at $34,000 after purchasing an additional 112 shares during the last quarter. Harbour Investments Inc. boosted its stake in Centrus Energy by 1,181.3% during the second quarter. Harbour Investments Inc. now owns 205 shares of the company’s stock worth $38,000 after buying an additional 189 shares during the period. Rothschild Investment LLC increased its position in Centrus Energy by 54.9% during the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares during the last quarter. Mather Group LLC. bought a new position in Centrus Energy during the third quarter valued at $41,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Centrus Energy in the third quarter valued at $41,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on LEU shares. UBS Group set a $245.00 price target on shares of Centrus Energy in a research note on Tuesday, November 25th. Roth Mkm restated a “neutral” rating and set a $137.00 target price on shares of Centrus Energy in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Centrus Energy in a research note on Monday, December 29th. Evercore reiterated an “outperform” rating and issued a $390.00 price target on shares of Centrus Energy in a report on Monday, January 5th. Finally, Stifel Nicolaus set a $246.00 price objective on Centrus Energy in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Centrus Energy has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.

Centrus Energy Stock Down 2.4%

Shares of NYSE:LEU opened at $203.87 on Friday. The business’s 50 day moving average is $266.46 and its 200 day moving average is $272.46. The stock has a market cap of $3.71 billion, a P/E ratio of 48.89 and a beta of 1.21. Centrus Energy Corp. has a 52-week low of $49.40 and a 52-week high of $464.25. The company has a quick ratio of 4.83, a current ratio of 5.59 and a debt-to-equity ratio of 1.54.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, February 10th. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.63). Centrus Energy had a net margin of 17.34% and a return on equity of 15.52%. The firm had revenue of $146.20 million for the quarter, compared to the consensus estimate of $145.40 million. The firm’s revenue was down 3.6% on a year-over-year basis. Sell-side analysts predict that Centrus Energy Corp. will post 2.63 EPS for the current year.

Centrus Energy Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.