Mitsubishi UFJ Asset Management Co. Ltd. Sells 2,799 Shares of Centrus Energy Corp. (NYSE:LEU)

Mitsubishi UFJ Asset Management Co. Ltd. lessened its stake in Centrus Energy Corp. (NYSE:LEU) by 26.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,631 shares of the company’s stock after selling 2,799 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Centrus Energy were worth $475,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Centrus Energy by 8,075.0% in the 1st quarter. GAMMA Investing LLC now owns 12,753 shares of the company’s stock valued at $793,000 after purchasing an additional 12,597 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Centrus Energy by 380.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company’s stock valued at $401,000 after purchasing an additional 5,108 shares during the period. KBC Group NV acquired a new position in shares of Centrus Energy in the 1st quarter valued at about $53,000. Teacher Retirement System of Texas lifted its stake in shares of Centrus Energy by 21.1% in the 1st quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company’s stock valued at $866,000 after purchasing an additional 2,422 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Centrus Energy by 20.9% in the 4th quarter. JPMorgan Chase & Co. now owns 7,604 shares of the company’s stock valued at $507,000 after purchasing an additional 1,316 shares during the period. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Stock Performance

Shares of LEU opened at $187.44 on Thursday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The stock has a 50 day moving average price of $196.44 and a two-hundred day moving average price of $123.25. The firm has a market capitalization of $3.19 billion, a P/E ratio of 42.50 and a beta of 1.35. Centrus Energy Corp. has a 52 week low of $34.91 and a 52 week high of $264.90.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. Centrus Energy’s quarterly revenue was down 18.3% on a year-over-year basis. During the same quarter last year, the company posted $1.89 earnings per share. Equities analysts forecast that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Northland Securities set a $275.00 price objective on Centrus Energy in a research note on Thursday, August 7th. UBS Group raised Centrus Energy to a “hold” rating and set a $215.00 price objective on the stock in a research note on Monday, July 21st. Stifel Nicolaus started coverage on Centrus Energy in a research note on Friday, July 11th. They issued a “buy” rating and a $220.00 price objective on the stock. JPMorgan Chase & Co. upped their price target on Centrus Energy from $150.00 to $164.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Finally, B. Riley reaffirmed a “buy” rating and set a $221.00 price target (up from $134.00) on shares of Centrus Energy in a research note on Monday, June 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $202.09.

Insider Buying and Selling

In other Centrus Energy news, CFO Kevin J. Harrill sold 1,728 shares of the business’s stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

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.