Legato Capital Management LLC Decreases Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

Legato Capital Management LLC lessened its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 20.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,470 shares of the company's stock after selling 36,498 shares during the quarter. Legato Capital Management LLC owned 0.06% of Mirion Technologies worth $2,538,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Quest Partners LLC grew its stake in Mirion Technologies by 680.5% during the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company's stock valued at $74,000 after purchasing an additional 5,866 shares during the last quarter. KBC Group NV boosted its stake in shares of Mirion Technologies by 39.2% in the fourth 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 last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of Mirion Technologies in the third quarter worth about $111,000. Integrated Advisors Network LLC purchased a new stake in shares of Mirion Technologies in the third quarter worth about $120,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Mirion Technologies in the third quarter worth about $122,000. Hedge funds and other institutional investors own 78.51% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Robert W. Baird assumed coverage on Mirion Technologies in a research note on Thursday, December 19th. They issued an "outperform" rating and a $22.00 target price on the stock. Baird R W upgraded Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Citigroup upped their target price on Mirion Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group upped their price target on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Mirion Technologies currently has a consensus rating of "Buy" and a consensus target price of $19.25.

Mirion Technologies Price Performance

NYSE MIR traded up $0.07 during trading hours on Friday, reaching $16.32. The company's stock had a trading volume of 2,394,753 shares, compared to its average volume of 2,027,972. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of -48.01 and a beta of 0.73. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $18.81. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The company's 50-day moving average is $16.95 and its two-hundred day moving average is $14.10.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. On average, equities analysts predict that Mirion Technologies, Inc. will post 0.33 EPS for the current year.

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.