UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Position in Centrus Energy Corp. (NYSE:LEU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 17.1% in the third quarter, Holdings Channel reports. The institutional investor owned 32,122 shares of the company’s stock after purchasing an additional 4,694 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Centrus Energy were worth $1,762,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Diamond Hill Capital Management Inc. lifted its stake in Centrus Energy by 22.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 124,381 shares of the company’s stock worth $6,822,000 after purchasing an additional 22,605 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Centrus Energy during the third quarter worth approximately $281,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Centrus Energy during the 2nd quarter worth approximately $233,000. Vontobel Holding Ltd. boosted its holdings in shares of Centrus Energy by 17.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock valued at $303,000 after buying an additional 815 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its holdings in shares of Centrus Energy by 53.8% in the 2nd quarter. Point72 Asset Management L.P. now owns 148,251 shares of the company’s stock valued at $6,338,000 after buying an additional 51,836 shares in the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Trading Up 5.2 %

Shares of Centrus Energy stock opened at $76.16 on Tuesday. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $118.36. The company has a market capitalization of $1.25 billion, a P/E ratio of 15.26 and a beta of 1.12. The company’s fifty day moving average is $80.96 and its two-hundred day moving average is $56.56. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.

Centrus Energy (NYSE:LEU) last announced its earnings results on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.48). Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. The company had revenue of $57.70 million during the quarter, compared to analysts’ expectations of $56.50 million. Analysts forecast that Centrus Energy Corp. will post 2.28 earnings per share for the current year.

Analyst Ratings Changes

LEU has been the subject of a number of research reports. Roth Mkm reduced their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Roth Capital downgraded Centrus Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Finally, B. Riley upped their target price on Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.00.

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.