Counterpoint Mutual Funds LLC Invests $768,000 in Mirion Technologies, Inc. (NYSE:MIR)

Counterpoint Mutual Funds LLC bought a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 44,022 shares of the company's stock, valued at approximately $768,000.

Several other institutional investors have also recently added to or reduced their stakes in MIR. Quest Partners LLC raised its holdings in Mirion Technologies by 680.5% during the third quarter. Quest Partners LLC now owns 6,728 shares of the company's stock worth $74,000 after purchasing an additional 5,866 shares in the last quarter. US Bancorp DE raised its stake in Mirion Technologies by 3,248.7% during the 4th quarter. US Bancorp DE now owns 6,262 shares of the company's stock worth $109,000 after acquiring an additional 6,075 shares in the last quarter. SkyView Investment Advisors LLC purchased a new stake in Mirion Technologies in the third quarter valued at $111,000. Paloma Partners Management Co acquired a new position in Mirion Technologies in the third quarter valued at $122,000. Finally, KBC Group NV grew its holdings in shares of Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company's stock worth $140,000 after purchasing an additional 2,254 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.

Mirion Technologies Stock Performance

Shares of NYSE MIR traded down $0.00 during mid-day trading on Friday, hitting $15.22. 3,107,649 shares of the company were exchanged, compared to its average volume of 1,591,466. The stock has a 50 day simple moving average of $15.71 and a 200-day simple moving average of $14.90. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $18.81. 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 firm has a market cap of $3.54 billion, a price-to-earnings ratio of -80.10 and a beta of 0.74.

Remove Ads

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. On average, sell-side analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on MIR shares. Citigroup upped their target price on Mirion Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Baird R W raised Mirion Technologies to a "strong-buy" rating in a report on Thursday, December 19th. Robert W. Baird assumed coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They issued an "outperform" rating and a $22.00 target price on the stock. Finally, The Goldman Sachs Group increased their price target on shares of 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Mirion Technologies currently has an average rating of "Buy" and an average price target of $19.25.

Mirion Technologies Profile

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.