Portland Investment Counsel Inc. Increases Stock Position in Centrus Energy Corp. $LEU

Portland Investment Counsel Inc. raised its holdings in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 25.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the company's stock after acquiring an additional 2,000 shares during the period. Portland Investment Counsel Inc. owned about 0.06% of Centrus Energy worth $622,000 at the end of the most recent reporting period.

• Nuclear Stocks Reach Critical Mass: The Time to Buy Is Now

A number of other institutional investors and hedge funds have also bought and sold shares of LEU. GAMMA Investing LLC grew its holdings in shares of Centrus Energy by 8,075.0% in the first quarter. GAMMA Investing LLC now owns 12,753 shares of the company's stock worth $793,000 after purchasing an additional 12,597 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Centrus Energy by 380.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,449 shares of the company's stock worth $401,000 after purchasing an additional 5,108 shares during the last quarter. KBC Group NV bought a new position in shares of Centrus Energy in the first quarter worth approximately $53,000. Teacher Retirement System of Texas grew its holdings in shares of Centrus Energy by 21.1% in the first quarter. Teacher Retirement System of Texas now owns 13,913 shares of the company's stock worth $866,000 after purchasing an additional 2,422 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Centrus Energy by 20.9% in the fourth quarter. JPMorgan Chase & Co. now owns 7,604 shares of the company's stock worth $507,000 after purchasing an additional 1,316 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Centrus Energy

In other news, CFO Kevin J. Harrill sold 1,728 shares of the business's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $126.00, for a total transaction of $217,728.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

• Centrus Energy Hits Critical Mass for Atomic Short-Squeeze

Several research analysts have recently issued reports on LEU shares. UBS Group upgraded shares of Centrus Energy to a "hold" rating and set a $215.00 target price on the stock in a report on Monday, July 21st. Northland Securities set a $275.00 price target on shares of Centrus Energy in a report on Thursday, August 7th. Evercore ISI lifted their price target on shares of Centrus Energy from $251.00 to $252.00 and gave the company an "outperform" rating in a report on Friday, August 8th. William Blair reiterated an "outperform" rating on shares of Centrus Energy in a report on Wednesday, July 9th. Finally, Stifel Nicolaus began coverage on shares of Centrus Energy in a report on Friday, July 11th. They issued a "buy" rating and a $220.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Centrus Energy currently has an average rating of "Moderate Buy" and a consensus target price of $202.09.

Check Out Our Latest Report on Centrus Energy

Centrus Energy Price Performance

• Why These Nuclear Stocks Could Beat Solar and Wind Energy Stocks

LEU opened at $177.28 on Friday. The business's 50-day moving average is $200.08 and its two-hundred day moving average is $127.27. Centrus Energy Corp. has a 1 year low of $34.91 and a 1 year high of $264.90. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The firm has a market capitalization of $3.23 billion, a PE ratio of 40.20 and a beta of 1.35.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $1.01. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%.During the same period last year, the firm earned $1.89 EPS. Centrus Energy's revenue was down 18.3% compared to the same quarter last year. Research analysts anticipate that Centrus Energy Corp. will post 2.63 earnings per share for the current fiscal year.

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.

Featured Articles

• Five stocks we like better than Centrus Energy
• 3 Dividend Kings To Consider
• Broadcom Named in Apple’s $100B U.S. Investment Plan
• Dividend Payout Ratio Calculator
• 3 Reasons Salesforce Is a Bargain Right Now
• Best Stocks Under $10.00
• How ServiceNow Is Turning AI Strategy Into Real Revenue

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Centrus Energy Right Now?

Before you consider Centrus Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centrus Energy wasn't on the list.

While Centrus Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here