Rockefeller Capital Management L.P. Has $1.11 Million Stock Holdings in Centrus Energy Corp. (NYSE:LEU)

Rockefeller Capital Management L.P. lowered its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 73.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,730 shares of the company’s stock after selling 46,750 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.10% of Centrus Energy worth $1,114,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of LEU. Reaves W H & Co. Inc. bought a new position in Centrus Energy in the 4th quarter worth approximately $15,215,000. TB Alternative Assets Ltd. acquired a new position in shares of Centrus Energy during the fourth quarter valued at $7,907,000. Vanguard Group Inc. boosted its holdings in Centrus Energy by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 967,393 shares of the company’s stock valued at $64,438,000 after acquiring an additional 71,872 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Centrus Energy by 290.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company’s stock worth $4,732,000 after purchasing an additional 52,866 shares during the period. Finally, Wellington Management Group LLP bought a new stake in Centrus Energy during the 4th quarter worth about $3,474,000. 49.96% of the stock is owned by institutional investors.

Insider Activity at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

Centrus Energy Price Performance

NYSE LEU opened at $62.63 on Tuesday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. Centrus Energy Corp. has a 52-week low of $33.51 and a 52-week high of $122.95. The business has a 50 day simple moving average of $76.99 and a 200 day simple moving average of $79.20. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 14.20 and a beta of 1.26.

Wall Street Analyst Weigh In

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