Alberta Investment Management Corp Decreases Stock Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Alberta Investment Management Corp lessened its holdings in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 20.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 154,160 shares of the company's stock after selling 39,839 shares during the period. Alberta Investment Management Corp owned about 0.07% of Mirion Technologies worth $2,690,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Artemis Investment Management LLP purchased a new stake in Mirion Technologies during the fourth quarter valued at approximately $38,155,000. Corsair Capital Management L.P. grew its position in shares of Mirion Technologies by 83.9% during the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company's stock valued at $34,991,000 after acquiring an additional 1,441,846 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Mirion Technologies by 1,532.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after purchasing an additional 488,790 shares in the last quarter. Telemark Asset Management LLC bought a new position in Mirion Technologies in the 3rd quarter worth $4,428,000. Finally, Jennison Associates LLC lifted its position in Mirion Technologies by 548.4% during the third quarter. Jennison Associates LLC now owns 465,553 shares of the company's stock valued at $5,154,000 after purchasing an additional 393,752 shares in the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.

Mirion Technologies Price Performance

Shares of NYSE:MIR traded down $0.82 during trading on Friday, hitting $15.84. 2,215,665 shares of the company's stock were exchanged, compared to its average volume of 2,174,631. The business's 50-day simple moving average is $16.81 and its 200 day simple moving average is $14.31. The company has a market cap of $3.68 billion, a price-to-earnings ratio of -83.34 and a beta of 0.73. Mirion Technologies, Inc. has a 52-week low of $9.11 and a 52-week 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.

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

Analyst Ratings Changes

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

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.