Centrus Energy Corp. (NYSE:LEU) SVP Larry B. Cutlip Sells 4,000 Shares

Centrus Energy Corp. (NYSE:LEU) SVP Larry B. Cutlip sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now directly owns 9,402 shares of the company’s stock, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Centrus Energy Stock Performance

Shares of LEU opened at $117.77 on Friday. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 18.55 and a beta of 1.17. The business’s fifty day simple moving average is $79.04 and its two-hundred day simple moving average is $67.27. Centrus Energy Corp. has a 12 month low of $33.51 and a 12 month high of $122.94. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44.

Institutional Investors Weigh In On Centrus Energy

Several institutional investors have recently modified their holdings of LEU. Cape Investment Advisory Inc. purchased a new position in Centrus Energy in the 4th quarter worth about $27,000. PNC Financial Services Group Inc. grew its stake in shares of Centrus Energy by 77.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock worth $29,000 after acquiring an additional 192 shares during the period. Altshuler Shaham Ltd purchased a new position in shares of Centrus Energy during the fourth quarter valued at approximately $49,000. National Bank of Canada FI bought a new position in Centrus Energy during the fourth quarter valued at approximately $51,000. Finally, Farther Finance Advisors LLC boosted its holdings in Centrus Energy by 33,333.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company’s stock worth $67,000 after purchasing an additional 1,000 shares during the last quarter. 49.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

LEU has been the topic of a number of recent research reports. B. Riley increased their target price on 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 research report on Monday. Finally, Roth Mkm decreased 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.

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.