37,500 Shares in Mirion Technologies, Inc. (NYSE:MIR) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS acquired a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 37,500 shares of the company's stock, valued at approximately $654,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MIR. William Blair Investment Management LLC bought a new position in Mirion Technologies in the fourth quarter valued at approximately $53,066,000. Artemis Investment Management LLP bought a new position in shares of Mirion Technologies in the fourth quarter valued at $38,155,000. Raymond James Financial Inc. acquired a new position in Mirion Technologies during the fourth quarter worth $17,164,000. Allspring Global Investments Holdings LLC raised its position in Mirion Technologies by 1,532.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after acquiring an additional 488,790 shares in the last quarter. Finally, Portolan Capital Management LLC acquired a new stake in Mirion Technologies in the third quarter valued at $2,623,000. Institutional investors and hedge funds own 78.51% of the company's stock.

Mirion Technologies Stock Performance

Shares of NYSE MIR traded down $0.94 during mid-day trading on Friday, reaching $12.71. 1,887,813 shares of the company were exchanged, compared to its average volume of 1,644,631. The stock has a market capitalization of $2.95 billion, a P/E ratio of -66.87 and a beta of 0.75. 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 company's 50-day simple moving average is $15.23 and its 200-day simple moving average is $15.34. Mirion Technologies, Inc. has a twelve month low of $9.11 and a twelve month high of $18.81.

Remove Ads

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share (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 predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MIR shares. The Goldman Sachs Group boosted their price objective 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. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research report on Thursday, December 19th. Finally, Robert W. Baird cut their price objective on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research report on Friday. Three equities 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, Mirion Technologies currently has an average rating of "Buy" and an average target price of $18.75.

Mirion Technologies Company 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.