Centrus Energy Corp. (NYSE:LEU) Shares Sold by MRP Capital Investments LLC

MRP Capital Investments LLC cut its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 32.4% in the second quarter, Holdings Channel.com reports. The fund owned 4,795 shares of the company’s stock after selling 2,300 shares during the period. MRP Capital Investments LLC’s holdings in Centrus Energy were worth $205,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in LEU. Denali Advisors LLC boosted its position in shares of Centrus Energy by 28.4% during the 2nd quarter. Denali Advisors LLC now owns 11,831 shares of the company’s stock worth $506,000 after purchasing an additional 2,617 shares during the period. Old West Investment Management LLC boosted its position in shares of Centrus Energy by 3.3% during the second quarter. Old West Investment Management LLC now owns 9,889 shares of the company’s stock worth $423,000 after buying an additional 316 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Centrus Energy by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company’s stock valued at $12,727,000 after buying an additional 8,678 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Centrus Energy by 33.5% in the second quarter. American Century Companies Inc. now owns 8,429 shares of the company’s stock valued at $360,000 after buying an additional 2,116 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Centrus Energy by 26.9% in the 2nd quarter. Victory Capital Management Inc. now owns 7,557 shares of the company’s stock valued at $323,000 after buying an additional 1,600 shares during the period. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. StockNews.com upgraded Centrus Energy to a “sell” rating in a report on Wednesday, August 7th. Roth Mkm dropped their price objective on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a report on Thursday, August 8th.

Centrus Energy Stock Performance

Shares of Centrus Energy stock opened at $39.81 on Thursday. The business has a 50-day simple moving average of $40.25 and a 200-day simple moving average of $42.14. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52. Centrus Energy Corp. has a one year low of $33.51 and a one year high of $61.35. The company has a market cap of $648.11 million, a PE ratio of 8.75 and a beta of 1.31.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $1.12. The company had revenue of $189.00 million for the quarter, compared to the consensus estimate of $82.70 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. On average, equities research analysts forecast that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

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.