Geode Capital Management LLC Has $21.69 Million Holdings in Centrus Energy Corp. (NYSE:LEU)

Geode Capital Management LLC grew its holdings in Centrus Energy Corp. (NYSE:LEU) by 1.8% during the 4th quarter, HoldingsChannel reports. The firm owned 325,603 shares of the company’s stock after acquiring an additional 5,668 shares during the quarter. Geode Capital Management LLC’s holdings in Centrus Energy were worth $21,694,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its position in Centrus Energy by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock worth $64,438,000 after buying an additional 71,872 shares during the period. Reaves W H & Co. Inc. acquired a new position in Centrus Energy during the 4th quarter valued at $15,215,000. Charles Schwab Investment Management Inc. boosted its holdings in Centrus Energy by 5.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 121,392 shares of the company’s stock valued at $8,086,000 after purchasing an additional 6,709 shares during the period. TB Alternative Assets Ltd. bought a new position in shares of Centrus Energy during the 4th quarter worth about $7,907,000. Finally, Exchange Traded Concepts LLC raised its position in shares of Centrus Energy by 290.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company’s stock valued at $4,732,000 after buying an additional 52,866 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

Insider Activity at Centrus Energy

In other Centrus Energy news, 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 value of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

Centrus Energy Price Performance

NYSE:LEU opened at $67.26 on Friday. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The firm has a market cap of $1.13 billion, a PE ratio of 15.25 and a beta of 1.26. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.95. The company’s 50-day moving average price is $78.11 and its two-hundred day moving average price is $79.03.

Analyst Upgrades and Downgrades

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

About Centrus Energy

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.