Cape Investment Advisory Inc. Makes New $27,000 Investment in Centrus Energy Corp. (NYSE:LEU)

Cape Investment Advisory Inc. purchased a new position in shares of Centrus Energy Corp. (NYSE:LEU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 400 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors have also recently bought and sold shares of LEU. Private Advisor Group LLC acquired a new stake in Centrus Energy during the third quarter worth $348,000. Heritage Investors Management Corp acquired a new stake in Centrus Energy during the third quarter worth $203,000. CWA Asset Management Group LLC acquired a new stake in Centrus Energy during the third quarter worth $244,000. Diamond Hill Capital Management Inc. boosted 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 buying an additional 22,605 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Centrus Energy by 117.4% during the third quarter. Victory Capital Management Inc. now owns 16,431 shares of the company’s stock worth $901,000 after buying an additional 8,874 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LEU. HC Wainwright began coverage on shares of Centrus Energy in a research note on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price on the stock. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $161.33.

Centrus Energy Stock Down 7.4 %

Shares of NYSE:LEU opened at $84.00 on Tuesday. Centrus Energy Corp. has a 52 week low of $33.51 and a 52 week high of $122.95. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The company’s fifty day moving average is $86.16 and its 200-day moving average is $73.01. The company has a market capitalization of $1.41 billion, a PE ratio of 19.05 and a beta of 1.17.

Insider Activity at Centrus Energy

In related news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by company insiders.

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.