Diamond Hill Capital Management Inc. Sells 7,867 Shares of Centrus Energy Corp. (NYSE:LEU)

Diamond Hill Capital Management Inc. decreased its stake in shares of Centrus Energy Corp. (NYSE:LEU) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 101,776 shares of the company’s stock after selling 7,867 shares during the quarter. Diamond Hill Capital Management Inc. owned 0.65% of Centrus Energy worth $4,351,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wolff Wiese Magana LLC bought a new position in shares of Centrus Energy during the 2nd quarter worth about $43,000. nVerses Capital LLC increased its holdings in shares of Centrus Energy by 133.3% during the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock worth $60,000 after purchasing an additional 800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Centrus Energy by 181.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock worth $115,000 after purchasing an additional 1,754 shares during the period. SeaCrest Wealth Management LLC acquired a new stake in shares of Centrus Energy during the 1st quarter valued at about $216,000. Finally, Victory Capital Management Inc. boosted its position in shares of Centrus Energy by 26.9% during the 2nd quarter. Victory Capital Management Inc. now owns 7,557 shares of the company’s stock valued at $323,000 after acquiring an additional 1,600 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Price Performance

Shares of Centrus Energy stock opened at $39.53 on Monday. The firm has a market cap of $619.67 million, a P/E ratio of 8.69 and a beta of 1.31. Centrus Energy Corp. has a twelve month low of $33.51 and a twelve month high of $61.35. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.02 and a current ratio of 1.52. The firm’s 50-day simple moving average is $40.30 and its 200-day simple moving average is $42.17.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $0.77 by $1.12. The firm had revenue of $189.00 million for the quarter, compared to analysts’ expectations of $82.70 million. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. As a group, research analysts expect that Centrus Energy Corp. will post 3.06 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Roth Mkm decreased their target price on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th.

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.