Geode Capital Management LLC Purchases 69,373 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Geode Capital Management LLC lifted its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,571,828 shares of the company's stock after buying an additional 69,373 shares during the period. Geode Capital Management LLC owned about 1.97% of Mirion Technologies worth $79,796,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE grew its stake in shares of Mirion Technologies by 3,248.7% during the fourth quarter. US Bancorp DE now owns 6,262 shares of the company's stock valued at $109,000 after buying an additional 6,075 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in Mirion Technologies during the 3rd quarter valued at about $111,000. Harvest Fund Management Co. Ltd bought a new position in Mirion Technologies during the 4th quarter worth approximately $120,000. KBC Group NV increased its stake in Mirion Technologies by 39.2% in the 4th 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 period. Finally, Sanctuary Advisors LLC bought a new stake in Mirion Technologies in the third quarter valued at approximately $170,000. Institutional investors own 78.51% of the company's stock.

Mirion Technologies Trading Up 1.6 %

MIR stock traded up $0.22 on Tuesday, reaching $13.92. The company's stock had a trading volume of 1,023,644 shares, compared to its average volume of 1,663,059. The firm has a market cap of $3.23 billion, a PE ratio of -73.25 and a beta of 0.75. The business has a fifty day simple moving average of $14.92 and a two-hundred day simple moving average of $15.47. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month 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.

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Mirion Technologies (NYSE:MIR - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping 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%. As a group, research analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on MIR shares. Citigroup cut their target price on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Monday. Robert W. Baird decreased their price objective on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. Finally, Baird R W raised shares of Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $18.00.

About Mirion Technologies

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.