Marshall Wace LLP Acquires 177,643 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Marshall Wace LLP increased its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 287.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 239,439 shares of the company's stock after buying an additional 177,643 shares during the quarter. Marshall Wace LLP owned 0.10% of Mirion Technologies worth $4,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of MIR. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Mirion Technologies by 29,948.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company's stock worth $73,550,000 after acquiring an additional 4,200,894 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in Mirion Technologies during the fourth quarter valued at about $53,066,000. Artemis Investment Management LLP bought a new position in shares of Mirion Technologies during the fourth quarter valued at about $38,155,000. Bornite Capital Management LP purchased a new position in shares of Mirion Technologies in the fourth quarter worth about $36,942,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Mirion Technologies in the 4th quarter valued at about $17,164,000. Hedge funds and other institutional investors own 78.51% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MIR shares. B. Riley reduced their price target on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Citigroup decreased their target price on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Robert W. Baird cut their price target on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a report on Friday, April 4th. Four research 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 a consensus target price of $18.75.

Mirion Technologies Trading Up 0.5 %

Shares of Mirion Technologies stock traded up $0.08 during midday trading on Monday, reaching $15.40. 1,612,469 shares of the company's stock traded hands, compared to its average volume of 1,679,080. The stock has a 50 day moving average of $14.53 and a 200-day moving average of $15.62. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a market cap of $3.58 billion, a PE ratio of -81.05 and a beta of 0.75. 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 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, equities analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

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.