Financial Advocates Investment Management Purchases New Shares in Centrus Energy Corp. (NYSE:LEU)

Financial Advocates Investment Management purchased a new stake in Centrus Energy Corp. (NYSE:LEU) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,250 shares of the company’s stock, valued at approximately $216,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Evermay Wealth Management LLC grew its stake in Centrus Energy by 3.5% during the third quarter. Evermay Wealth Management LLC now owns 5,175 shares of the company’s stock worth $284,000 after buying an additional 175 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Centrus Energy by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company’s stock worth $345,000 after buying an additional 186 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Centrus Energy by 5.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,099 shares of the company’s stock worth $673,000 after buying an additional 562 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Centrus Energy by 17.3% during the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock worth $303,000 after buying an additional 815 shares in the last quarter. Finally, Portland Investment Counsel Inc. grew its stake in Centrus Energy by 23.1% during the third quarter. Portland Investment Counsel Inc. now owns 8,000 shares of the company’s stock worth $439,000 after buying an additional 1,500 shares in the last quarter. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Centrus Energy Stock Up 5.0 %

Shares of NYSE LEU opened at $114.39 on Tuesday. The company has a 50 day simple moving average of $76.81 and a 200 day simple moving average of $65.89. The firm has a market cap of $1.88 billion, a PE ratio of 25.94 and a beta of 1.17. Centrus Energy Corp. has a 1 year low of $33.51 and a 1 year high of $119.42. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03.

Analyst Ratings Changes

A number of equities research analysts have issued reports on LEU shares. B. Riley increased their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Centrus Energy to a “sell” rating in a report on Monday. Finally, Roth Mkm dropped their price objective 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.

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.