Centrus Energy Corp. (NYSE:LEU) Shares Acquired by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC increased its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,920 shares of the company’s stock after purchasing an additional 1,521 shares during the quarter. Hollow Brook Wealth Management LLC’s holdings in Centrus Energy were worth $2,135,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Point72 DIFC Ltd acquired a new stake in Centrus Energy during the 2nd quarter worth $42,000. Wolff Wiese Magana LLC acquired a new stake in shares of Centrus Energy in the 2nd quarter valued at about $43,000. nVerses Capital LLC grew its stake in 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 buying an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Centrus Energy by 181.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock worth $115,000 after buying an additional 1,754 shares during the period. Finally, Heritage Investors Management Corp acquired a new stake in shares of Centrus Energy in the third quarter valued at approximately $203,000. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Centrus Energy Trading Up 1.4 %

Shares of Centrus Energy stock opened at $92.30 on Monday. The company has a 50-day moving average of $77.41 and a two-hundred day moving average of $54.59. The stock has a market cap of $1.51 billion, a PE ratio of 19.00 and a beta of 1.19. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $118.36.

Centrus Energy (NYSE:LEU) last released its quarterly earnings results on Monday, October 28th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.48). Centrus Energy had a return on equity of 138.38% and a net margin of 19.24%. The firm had revenue of $57.70 million for the quarter, compared to analyst estimates of $56.50 million. On average, research analysts anticipate that Centrus Energy Corp. will post 2.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Roth Mkm reduced their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Roth Capital downgraded Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research report on Wednesday, August 7th. Finally, B. Riley upped their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $92.00.

Centrus Energy Company 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.