Mirion Technologies, Inc. (NYSE:MIR) Shares Purchased by Invesco Ltd.

Invesco Ltd. boosted its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 85.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 490,814 shares of the company's stock after purchasing an additional 226,566 shares during the quarter. Invesco Ltd. owned about 0.21% of Mirion Technologies worth $8,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MIR. Barclays PLC raised its position in shares of Mirion Technologies by 325.0% in the third quarter. Barclays PLC now owns 307,680 shares of the company's stock valued at $3,405,000 after buying an additional 235,288 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. Sanctuary Advisors LLC acquired a new stake in Mirion Technologies in the 3rd quarter valued at about $170,000. Artemis Investment Management LLP purchased a new position in Mirion Technologies in the 4th quarter worth approximately $38,155,000. Finally, Simon Quick Advisors LLC boosted its holdings in shares of Mirion Technologies by 49.6% during the 4th quarter. Simon Quick Advisors LLC now owns 24,054 shares of the company's stock worth $420,000 after purchasing an additional 7,978 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Citigroup lowered their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Robert W. Baird decreased their target price 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. Finally, B. Riley cut their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Four equities 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, the stock has an average rating of "Buy" and an average price target of $18.75.

Mirion Technologies Stock Up 3.4 %

MIR stock opened at $14.27 on Thursday. The company's 50 day moving average is $14.57 and its two-hundred day moving average is $15.55. Mirion Technologies, Inc. has a twelve month low of $9.11 and a twelve month high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43. The stock has a market cap of $3.32 billion, a P/E ratio of -75.11 and a beta of 0.75.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. Research analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal 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.

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