MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Raises Stock Position in Centrus Energy Corp. $LEU

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Centrus Energy Corp. (NYSE:LEU) by 6.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 936,477 shares of the company’s stock after purchasing an additional 58,634 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.05% of Centrus Energy worth $290,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RiverPark Advisors LLC acquired a new position in shares of Centrus Energy in the 3rd quarter valued at about $33,000. Rothschild Investment LLC raised its position in Centrus Energy by 54.9% during the third quarter. Rothschild Investment LLC now owns 127 shares of the company’s stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Mather Group LLC. purchased a new position in Centrus Energy during the third quarter valued at approximately $41,000. Atlantic Union Bankshares Corp acquired a new position in Centrus Energy in the third quarter valued at approximately $41,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Centrus Energy by 4,333.3% in the third quarter. Smartleaf Asset Management LLC now owns 133 shares of the company’s stock valued at $42,000 after acquiring an additional 130 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Trading Up 1.5%

Shares of LEU stock opened at $212.75 on Tuesday. Centrus Energy Corp. has a 1-year low of $49.40 and a 1-year high of $464.25. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 51.02 and a beta of 1.26. The company has a debt-to-equity ratio of 1.54, a current ratio of 5.59 and a quick ratio of 4.83. The stock has a 50 day simple moving average of $251.07 and a 200-day simple moving average of $273.99.

Centrus Energy (NYSE:LEU) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.63). The company had revenue of $146.20 million during the quarter, compared to analysts’ expectations of $145.40 million. Centrus Energy had a return on equity of 15.52% and a net margin of 17.34%.Centrus Energy’s revenue was down 3.6% on a year-over-year basis. On average, equities research analysts expect that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Centrus Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Roth Mkm reissued a “neutral” rating and set a $137.00 price target on shares of Centrus Energy in a report on Wednesday, February 11th. Needham & Company LLC restated a “buy” rating and set a $357.00 price target on shares of Centrus Energy in a research report on Monday, December 22nd. Northland Securities set a $285.00 price objective on shares of Centrus Energy in a report on Thursday, February 12th. Finally, Stifel Nicolaus set a $246.00 price objective on shares of Centrus Energy in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Centrus Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.83.

Centrus Energy Profile

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.