Centrus Energy (NYSE:LEU) CFO Sells $62,286.30 in Stock

Centrus Energy Corp. (NYSE:LEU) CFO Todd Tinelli sold 306 shares of Centrus Energy stock in a transaction on Monday, May 11th. The shares were sold at an average price of $203.55, for a total value of $62,286.30. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Centrus Energy Trading Down 4.7%

Centrus Energy stock opened at $192.85 on Thursday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 63.86, a price-to-earnings-growth ratio of 20.59 and a beta of 1.43. The business’s fifty day simple moving average is $198.16 and its two-hundred day simple moving average is $245.00. Centrus Energy Corp. has a 12 month low of $90.25 and a 12 month high of $464.25. The company has a current ratio of 5.72, a quick ratio of 4.88 and a debt-to-equity ratio of 1.52.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.33 by $0.72. The company had revenue of $76.70 million for the quarter, compared to the consensus estimate of $76.13 million. Centrus Energy had a net margin of 13.40% and a return on equity of 13.10%. Centrus Energy’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 EPS. As a group, equities analysts predict that Centrus Energy Corp. will post 2.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. UBS Group lowered their price objective on shares of Centrus Energy from $245.00 to $195.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Citigroup lowered their price target on Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Weiss Ratings cut Centrus Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Stifel Nicolaus set a $246.00 price target on Centrus Energy in a report on Thursday, February 12th. Finally, B. Riley Financial lowered their target price on Centrus Energy from $315.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $268.18.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vermillion Wealth Management Inc. grew its position in shares of Centrus Energy by 5,000.0% during the fourth quarter. Vermillion Wealth Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. RiverPark Advisors LLC bought a new stake in shares of Centrus Energy in the 3rd quarter valued at approximately $33,000. Fulcrum Asset Management LLP bought a new stake in shares of Centrus Energy in the 3rd quarter valued at approximately $34,000. Aventura Private Wealth LLC bought a new stake in Centrus Energy in the fourth quarter worth about $30,000. Finally, Rothschild Investment LLC lifted its stake in Centrus Energy by 54.9% in the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock worth $39,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.