American Century Companies Inc. Sells 1,427,563 Shares of Mirion Technologies, Inc. (NYSE:MIR)

American Century Companies Inc. reduced its position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 37.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,385,033 shares of the company's stock after selling 1,427,563 shares during the period. American Century Companies Inc. owned 1.03% of Mirion Technologies worth $41,619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in Mirion Technologies by 2.7% in the third quarter. State Street Corp now owns 5,365,728 shares of the company's stock worth $59,399,000 after purchasing an additional 138,648 shares during the period. Geode Capital Management LLC boosted its stake in shares of Mirion Technologies by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company's stock valued at $49,851,000 after purchasing an additional 147,408 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Mirion Technologies during the 4th quarter worth approximately $53,066,000. ArrowMark Colorado Holdings LLC raised its stake in shares of Mirion Technologies by 8.7% during the third quarter. ArrowMark Colorado Holdings LLC now owns 3,000,060 shares of the company's stock worth $33,211,000 after buying an additional 241,334 shares during the last quarter. Finally, Artemis Investment Management LLP acquired a new position in Mirion Technologies in the fourth quarter valued at approximately $38,155,000. Institutional investors own 78.51% of the company's stock.

Mirion Technologies Trading Down 1.0 %

Shares of NYSE MIR traded down $0.15 during midday trading on Tuesday, reaching $14.35. 1,114,087 shares of the stock were exchanged, compared to its average volume of 1,636,691. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of -75.55 and a beta of 0.74. 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 business has a 50-day simple moving average of $15.48 and a two-hundred day simple moving average of $15.26.

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Mirion Technologies (NYSE:MIR - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share 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%. As a group, equities research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Wall Street Analysts Forecast Growth

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