Dimensional Fund Advisors LP Grows Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

Dimensional Fund Advisors LP raised its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,185,694 shares of the company's stock after acquiring an additional 171,918 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.09% of Mirion Technologies worth $125,391,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its stake in shares of Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after purchasing an additional 488,790 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in Mirion Technologies by 291.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 88,830 shares of the company's stock valued at $1,550,000 after buying an additional 66,132 shares during the last quarter. Artemis Investment Management LLP purchased a new position in Mirion Technologies during the fourth quarter worth $38,155,000. Barclays PLC raised its holdings in shares of Mirion Technologies by 325.0% in the third quarter. Barclays PLC now owns 307,680 shares of the company's stock worth $3,405,000 after acquiring an additional 235,288 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Mirion Technologies in the fourth quarter valued at $394,000. Institutional investors and hedge funds own 78.51% of the company's stock.

Mirion Technologies Stock Performance

Shares of MIR stock opened at $15.33 on Friday. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of -80.68 and a beta of 0.75. The company has a 50 day moving average price of $14.53 and a 200 day moving average price of $15.60. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping 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%. Sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Robert W. Baird lowered their price target on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a report on Friday, April 4th. B. Riley decreased their price objective on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, Citigroup lowered their price objective on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Mirion Technologies presently has a consensus rating of "Buy" and an average target price of $18.75.

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.

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