Advantage Alpha Capital Partners LP purchased a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 235,565 shares of the company's stock, valued at approximately $4,111,000. Advantage Alpha Capital Partners LP owned about 0.10% of Mirion Technologies as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of the company. Swiss National Bank raised its position in Mirion Technologies by 0.5% in the fourth quarter. Swiss National Bank now owns 376,800 shares of the company's stock valued at $6,575,000 after purchasing an additional 2,000 shares during the last quarter. Xponance Inc. raised its holdings in Mirion Technologies by 15.9% in the 4th quarter. Xponance Inc. now owns 14,942 shares of the company's stock valued at $261,000 after buying an additional 2,048 shares during the last quarter. KBC Group NV boosted its position in Mirion Technologies by 39.2% during the 4th quarter. KBC Group NV now owns 8,002 shares of the company's stock worth $140,000 after buying an additional 2,254 shares during the period. Handelsbanken Fonder AB grew its holdings in Mirion Technologies by 10.5% during the 4th quarter. Handelsbanken Fonder AB now owns 61,031 shares of the company's stock worth $1,065,000 after acquiring an additional 5,800 shares during the last quarter. Finally, Quest Partners LLC increased its position in Mirion Technologies by 680.5% in the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company's stock valued at $74,000 after acquiring an additional 5,866 shares during the period. Institutional investors and hedge funds own 78.51% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on MIR. Robert W. Baird started coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They set an "outperform" rating and a $22.00 price target on the stock. Baird R W upgraded Mirion Technologies to a "strong-buy" rating in a research report on Thursday, December 19th. Citigroup increased their price target on Mirion Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group lifted their price objective on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $19.25.
Read Our Latest Stock Report on Mirion Technologies
Mirion Technologies Trading Down 2.1 %
MIR traded down $0.32 during trading on Friday, reaching $14.62. 1,330,432 shares of the stock traded hands, compared to its average volume of 1,635,585. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The stock's 50-day moving average is $15.58 and its 200 day moving average is $15.11. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The stock has a market capitalization of $3.40 billion, a PE ratio of -76.96 and a beta of 0.74.
Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Equities analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.
About Mirion Technologies
(
Free Report)
Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.
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