Denali Advisors LLC Has $383,000 Stake in Centrus Energy Corp. (NYSE:LEU)

Denali Advisors LLC lowered its holdings in Centrus Energy Corp. (NYSE:LEU) by 69.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,214 shares of the company’s stock after selling 20,717 shares during the quarter. Denali Advisors LLC’s holdings in Centrus Energy were worth $383,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in LEU. Mirae Asset Global Investments Co. Ltd. lifted its position in Centrus Energy by 6.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock worth $41,418,000 after buying an additional 47,789 shares in the last quarter. Goehring & Rozencwajg Associates LLC lifted its stake in shares of Centrus Energy by 3.5% during the fourth quarter. Goehring & Rozencwajg Associates LLC now owns 160,193 shares of the company’s stock valued at $8,716,000 after acquiring an additional 5,355 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Centrus Energy by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 99,571 shares of the company’s stock valued at $5,418,000 after purchasing an additional 1,133 shares during the period. Hollow Brook Wealth Management LLC boosted its stake in shares of Centrus Energy by 2.6% in the 4th quarter. Hollow Brook Wealth Management LLC now owns 31,602 shares of the company’s stock valued at $1,719,000 after purchasing an additional 792 shares during the last quarter. Finally, Riverwater Partners LLC grew its position in shares of Centrus Energy by 2.3% during the 4th quarter. Riverwater Partners LLC now owns 13,152 shares of the company’s stock worth $716,000 after buying an additional 297 shares during the period. Institutional investors own 49.96% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on LEU. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a report on Monday. Roth Mkm cut their price target on Centrus Energy from $65.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th.

Centrus Energy Stock Performance

Shares of LEU stock opened at $42.23 on Thursday. The stock has a market cap of $662.17 million, a PE ratio of 9.23 and a beta of 1.33. The stock has a 50-day moving average of $44.55 and a 200-day moving average of $45.72. The company has a debt-to-equity ratio of 3.67, a current ratio of 1.44 and a quick ratio of 0.83. Centrus Energy Corp. has a one year low of $28.42 and a one year high of $61.35.

Centrus Energy (NYSE:LEU) last issued its earnings results on Tuesday, May 7th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.50 by ($0.88). The firm had revenue of $43.70 million during the quarter, compared to the consensus estimate of $72.70 million. Centrus Energy had a net margin of 23.94% and a return on equity of 2,962.50%. As a group, sell-side analysts expect that Centrus Energy Corp. will post 2.61 earnings per share for the current year.

About Centrus Energy

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.