Vanguard Group Inc. Has $417.23 Million Position in Mirion Technologies, Inc. (NYSE:MIR)

Vanguard Group Inc. boosted its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,909,802 shares of the company's stock after buying an additional 227,178 shares during the quarter. Vanguard Group Inc. owned approximately 10.29% of Mirion Technologies worth $417,226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE boosted its holdings in Mirion Technologies by 3,248.7% in the 4th quarter. US Bancorp DE now owns 6,262 shares of the company's stock valued at $109,000 after purchasing an additional 6,075 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Mirion Technologies during the fourth quarter valued at about $120,000. KBC Group NV raised its position in shares of Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company's stock valued at $140,000 after buying an additional 2,254 shares during the last quarter. SkyView Investment Advisors LLC bought a new stake in shares of Mirion Technologies in the third quarter valued at about $111,000. Finally, Corient Private Wealth LLC acquired a new stake in Mirion Technologies during the fourth quarter worth about $187,000. Institutional investors and hedge funds own 78.51% of the company's stock.

Mirion Technologies Trading Up 3.9 %

Shares of NYSE:MIR traded up $0.50 during mid-day trading on Monday, reaching $13.20. The stock had a trading volume of 2,189,924 shares, compared to its average volume of 1,646,803. The firm has a 50 day simple moving average of $15.20 and a two-hundred day simple moving average of $15.36. Mirion Technologies, Inc. has a twelve month low of $6.34 and a twelve month high of $18.81. The firm has a market cap of $3.07 billion, a PE ratio of -69.45 and a beta of 0.75. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

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Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings results 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 positive return on equity of 4.78% and a negative net margin of 4.21%. On average, research analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on MIR. The Goldman Sachs Group raised their price objective on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Baird R W upgraded shares of Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, Robert W. Baird dropped their price objective on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday. Three investment 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, the stock has a consensus rating of "Buy" and a consensus target price of $18.75.

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.