Mirae Asset Global Investments Co. Ltd. Has $41.42 Million Holdings in Centrus Energy Corp. (NYSE:LEU)

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Centrus Energy Corp. (NYSE:LEU - Free Report) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 761,229 shares of the company's stock after purchasing an additional 47,789 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 4.90% of Centrus Energy worth $41,418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LEU. Swiss National Bank grew its holdings in Centrus Energy by 7.7% during the 1st quarter. Swiss National Bank now owns 25,200 shares of the company's stock valued at $849,000 after buying an additional 1,800 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Centrus Energy by 22.5% during the first quarter. JPMorgan Chase & Co. now owns 4,598 shares of the company's stock worth $155,000 after buying an additional 845 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Centrus Energy during the first quarter valued at $269,000. MetLife Investment Management LLC boosted its stake in shares of Centrus Energy by 57.0% during the first quarter. MetLife Investment Management LLC now owns 5,454 shares of the company's stock valued at $184,000 after purchasing an additional 1,980 shares during the period. Finally, Rhumbline Advisers boosted its stake in shares of Centrus Energy by 10.8% during the first quarter. Rhumbline Advisers now owns 11,938 shares of the company's stock valued at $402,000 after purchasing an additional 1,168 shares during the period. Institutional investors own 49.96% of the company's stock.

Centrus Energy Trading Down 1.5 %

LEU stock traded down $0.70 during trading on Friday, hitting $44.78. 193,470 shares of the company's stock were exchanged, compared to its average volume of 182,746. The firm's 50-day moving average price is $43.31. The firm has a market capitalization of $702.15 million, a PE ratio of 8.29 and a beta of 1.39. Centrus Energy Corp. has a 52-week low of $24.88 and a 52-week high of $61.35. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80.

Centrus Energy (NYSE:LEU - Get Free Report) last released its earnings results on Thursday, February 8th. The company reported $3.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $2.80. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. The business had revenue of $103.60 million for the quarter, compared to analyst estimates of $61.05 million. On average, equities research analysts anticipate that Centrus Energy Corp. will post 2.71 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP John M. A. Donelson sold 16,073 shares of the company's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $40.24, for a total value of $646,777.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. TheStreet upgraded shares of Centrus Energy from a "d-" rating to a "c" rating in a report on Friday, February 9th. B. Riley reiterated a "buy" rating and set a $72.00 target price on shares of Centrus Energy in a research report on Tuesday, February 13th. Finally, StockNews.com lowered Centrus Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, April 2nd.

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.