Rice Hall James & Associates LLC reduced its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 23.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 270,525 shares of the company's stock after selling 82,212 shares during the quarter. Rice Hall James & Associates LLC owned about 0.12% of Mirion Technologies worth $4,721,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KBC Group NV increased its stake 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 acquiring an additional 2,254 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Mirion Technologies by 4.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 58,260 shares of the company's stock valued at $645,000 after acquiring an additional 2,595 shares during the last quarter. Royce & Associates LP increased its stake in shares of Mirion Technologies by 0.8% in the 3rd quarter. Royce & Associates LP now owns 484,000 shares of the company's stock valued at $5,358,000 after acquiring an additional 4,000 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of Mirion Technologies by 2.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 179,998 shares of the company's stock valued at $1,993,000 after acquiring an additional 4,043 shares during the last quarter. Finally, Quest Partners LLC increased its stake in shares of Mirion Technologies by 680.5% in the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company's stock valued at $74,000 after acquiring an additional 5,866 shares during the last quarter. 78.51% of the stock is owned by institutional investors.
Mirion Technologies Stock Down 4.9 %
NYSE MIR traded down $0.82 during trading hours on Friday, reaching $15.84. 2,215,665 shares of the company's stock were exchanged, compared to its average volume of 2,174,631. The company's 50-day moving average is $16.81 and its two-hundred day moving average is $14.31. Mirion Technologies, Inc. has a one year low of $9.11 and a one year 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 company has a market capitalization of $3.68 billion, a price-to-earnings ratio of -83.34 and a beta of 0.73.
Mirion Technologies (NYSE:MIR - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, topping 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%. On average, analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.
Analyst Ratings Changes
MIR has been the subject of a number of recent analyst reports. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Citigroup upped their price target on Mirion Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. The Goldman Sachs Group increased their target price on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. Finally, Robert W. Baird began coverage on Mirion Technologies in a research note on Thursday, December 19th. They set an "outperform" rating and a $22.00 target price for the company. Three investment 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, the stock has an average rating of "Buy" and an average target price of $19.25.
Read Our Latest Analysis on Mirion Technologies
About Mirion Technologies
(
Free Report)
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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