Vontobel Holding Ltd. Trims Stock Position in Centrus Energy Corp. $LEU

Vontobel Holding Ltd. lowered its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,782 shares of the company’s stock after selling 68 shares during the quarter. Vontobel Holding Ltd.’s holdings in Centrus Energy were worth $1,059,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Centrus Energy by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,011,978 shares of the company’s stock worth $62,955,000 after acquiring an additional 32,002 shares in the last quarter. Granahan Investment Management LLC bought a new position in shares of Centrus Energy during the 1st quarter valued at approximately $13,440,000. Goehring & Rozencwajg Associates LLC boosted its position in shares of Centrus Energy by 2.2% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 212,362 shares of the company’s stock valued at $13,211,000 after acquiring an additional 4,606 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in Centrus Energy by 35.2% in the second quarter. Exchange Traded Concepts LLC now owns 73,112 shares of the company’s stock worth $13,393,000 after buying an additional 19,051 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Centrus Energy by 944.9% in the first quarter. Raymond James Financial Inc. now owns 58,057 shares of the company’s stock worth $3,612,000 after buying an additional 52,501 shares during the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Stock Down 2.0%

Centrus Energy stock opened at $363.71 on Monday. The stock has a market capitalization of $6.62 billion, a PE ratio of 82.47 and a beta of 1.51. Centrus Energy Corp. has a 12 month low of $49.40 and a 12 month high of $423.24. The business has a 50 day simple moving average of $246.78 and a 200-day simple moving average of $172.13. 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 (NYSE:LEU) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.During the same period in the previous year, the firm earned $1.89 earnings per share. Centrus Energy’s revenue for the quarter was down 18.3% compared to the same quarter last year. On average, analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. UBS Group upgraded Centrus Energy to a “hold” rating and set a $215.00 price target for the company in a research report on Monday, July 21st. Northland Securities set a $275.00 price target on Centrus Energy in a research note on Thursday, August 7th. Northland Capmk upgraded Centrus Energy to a “strong-buy” rating in a research note on Monday, July 7th. Bank of America restated a “neutral” rating and set a $285.00 price target (up previously from $210.00) on shares of Centrus Energy in a research note on Thursday, August 7th. Finally, Evercore ISI boosted their price target on Centrus Energy from $251.00 to $252.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $202.09.

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.