34,553 Shares in Centrus Energy Corp. (NYSE:LEU) Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. bought a new position in shares of Centrus Energy Corp. (NYSE:LEU) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 34,553 shares of the company’s stock, valued at approximately $1,895,000.

Other large investors have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd purchased a new stake in Centrus Energy during the 2nd quarter worth approximately $42,000. Wolff Wiese Magana LLC purchased a new stake in shares of Centrus Energy in the 2nd quarter valued at approximately $43,000. nVerses Capital LLC increased its position in shares of Centrus Energy by 133.3% in the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Centrus Energy by 181.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock valued at $115,000 after purchasing an additional 1,754 shares during the last quarter. Finally, Heritage Investors Management Corp purchased a new stake in shares of Centrus Energy in the 3rd quarter valued at approximately $203,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Centrus Energy Stock Up 1.3 %

Shares of NYSE:LEU opened at $82.49 on Friday. The stock has a market cap of $1.35 billion, a P/E ratio of 17.22 and a beta of 1.19. The firm has a fifty day moving average price of $76.49 and a 200 day moving average price of $54.10. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. Centrus Energy Corp. has a 1-year low of $33.51 and a 1-year high of $118.36.

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

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.