Centrus Energy Corp. (NYSE:LEU) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP lowered its stake in Centrus Energy Corp. (NYSE:LEU) by 27.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 41,767 shares of the company’s stock after selling 15,633 shares during the quarter. Bridgewater Associates LP owned 0.25% of Centrus Energy worth $2,782,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in shares of Centrus Energy by 48.2% during the third quarter. Stifel Financial Corp now owns 21,301 shares of the company’s stock worth $1,168,000 after purchasing an additional 6,929 shares in the last quarter. Barclays PLC increased its stake in Centrus Energy by 103.8% during the 3rd quarter. Barclays PLC now owns 37,588 shares of the company’s stock worth $2,061,000 after buying an additional 19,140 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Centrus Energy by 4.9% in the third quarter. Geode Capital Management LLC now owns 319,935 shares of the company’s stock valued at $17,552,000 after acquiring an additional 15,080 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of Centrus Energy during the third quarter worth approximately $334,000. Finally, JPMorgan Chase & Co. increased its position in shares of Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock worth $345,000 after purchasing an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 49.96% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by insiders.

Centrus Energy Stock Up 3.2 %

Shares of NYSE LEU opened at $67.26 on Friday. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $122.95. The company has a market capitalization of $1.13 billion, a P/E ratio of 15.25 and a beta of 1.26. The company has a 50 day simple moving average of $78.11 and a 200-day simple moving average of $79.03. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on LEU shares. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. Citigroup assumed coverage on shares of Centrus Energy in a report on Tuesday, March 4th. They issued a “neutral” rating and a $104.00 price objective for the company. HC Wainwright started coverage on Centrus Energy in a report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Craig Hallum assumed coverage on Centrus Energy in a report on Tuesday, April 1st. They issued a “buy” rating and a $129.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $143.40.

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.