Arizona State Retirement System purchased a new position in Centrus Energy Corp. (NYSE:LEU – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,572 shares of the company’s stock, valued at approximately $203,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. MRP Capital Investments LLC lifted its stake in shares of Centrus Energy by 141.1% in the third quarter. MRP Capital Investments LLC now owns 42,820 shares of the company’s stock worth $2,430,000 after buying an additional 25,060 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Centrus Energy in the third quarter worth about $2,448,000. Vontobel Holding Ltd. purchased a new position in shares of Centrus Energy in the third quarter worth about $311,000. SG Americas Securities LLC purchased a new position in shares of Centrus Energy in the third quarter worth about $320,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Centrus Energy by 13.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 713,440 shares of the company’s stock worth $40,495,000 after buying an additional 86,212 shares in the last quarter. 33.64% 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 analyst reports. Roth Mkm lifted their target price on shares of Centrus Energy from $49.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. StockNews.com downgraded shares of Centrus Energy from a “hold” rating to a “sell” rating in a research note on Friday, November 10th.
Centrus Energy Stock Down 1.8 %
Shares of LEU stock opened at $45.69 on Friday. The stock’s 50-day moving average price is $52.04. Centrus Energy Corp. has a 12 month low of $24.88 and a 12 month high of $61.35. The stock has a market capitalization of $709.57 million, a P/E ratio of 8.46 and a beta of 1.48.
About Centrus Energy
Centrus Energy Corp. supplies nuclear fuel and services for the nuclear power industry in the United States, Japan, Belgium, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) component of LEU; SWU and natural uranium components of LEU; and natural uranium for utilities that operate nuclear power plants.
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