Raymond James Financial Inc. acquired a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 983,610 shares of the company's stock, valued at approximately $17,164,000. Raymond James Financial Inc. owned 0.42% of Mirion Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in Mirion Technologies by 4.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 19,386 shares of the company's stock valued at $338,000 after purchasing an additional 865 shares in the last quarter. Swiss National Bank lifted its position in shares of Mirion Technologies by 0.5% during the 4th quarter. Swiss National Bank now owns 376,800 shares of the company's stock worth $6,575,000 after buying an additional 2,000 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Mirion Technologies by 15.9% in the 4th quarter. Xponance Inc. now owns 14,942 shares of the company's stock valued at $261,000 after buying an additional 2,048 shares in the last quarter. KBC Group NV grew its position in shares of Mirion Technologies by 39.2% in the 4th 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. Finally, Pictet Asset Management Holding SA raised its stake in Mirion Technologies by 14.2% during the 4th quarter. Pictet Asset Management Holding SA now owns 28,114 shares of the company's stock worth $491,000 after acquiring an additional 3,496 shares in the last quarter. Institutional investors and hedge funds own 78.51% of the company's stock.
Mirion Technologies Stock Performance
Mirion Technologies stock traded up $0.05 during midday trading on Friday, hitting $14.98. 189,577 shares of the company's stock were exchanged, compared to its average volume of 1,667,245. The firm's 50 day simple moving average is $14.55 and its 200 day simple moving average is $15.57. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of -78.82 and a beta of 0.75.
Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current year.
Analyst Upgrades and Downgrades
Several research firms have issued reports on MIR. Robert W. Baird decreased 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, April 4th. B. Riley reduced their target price on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Finally, Citigroup dropped their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $18.75.
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About Mirion Technologies
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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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