Larry B. Cutlip Sells 4,000 Shares of Centrus Energy Corp. (NYSE:LEU) Stock

Centrus Energy Corp. (NYSE:LEU) SVP Larry B. Cutlip sold 4,000 shares of the firm’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 completion of the sale, the senior vice president now owns 9,402 shares of the company’s stock, valued at $1,131,154.62. This trade represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Centrus Energy Trading Down 3.2 %

Shares of LEU stock opened at $113.99 on Friday. The firm has a 50 day moving average price of $79.81 and a two-hundred day moving average price of $67.62. The company has a quick ratio of 1.03, a current ratio of 1.63 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $1.87 billion, a PE ratio of 25.85 and a beta of 1.17. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $122.94.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Diamond Hill Capital Management Inc. increased its holdings in shares of 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 period. SG Americas Securities LLC bought a new position in shares of Centrus Energy during the third quarter worth approximately $281,000. The Manufacturers Life Insurance Company bought a new position in shares of Centrus Energy during the second quarter worth approximately $233,000. Vontobel Holding Ltd. increased its holdings in shares of Centrus Energy by 17.3% during the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock worth $303,000 after purchasing an additional 815 shares during the period. Finally, Barclays PLC increased its holdings in shares of Centrus Energy by 103.8% during the third quarter. Barclays PLC now owns 37,588 shares of the company’s stock worth $2,061,000 after purchasing an additional 19,140 shares during the period. 49.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

LEU has been the subject of several recent analyst reports. B. Riley raised their target price on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Finally, Roth Mkm cut their price objective 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.

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.