Schroder Investment Management Group Takes Position in Mirion Technologies, Inc. (NYSE:MIR)

Schroder Investment Management Group bought a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 675,084 shares of the company's stock, valued at approximately $11,787,000. Schroder Investment Management Group owned about 0.29% of Mirion Technologies at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. US Bancorp DE increased its holdings in shares of Mirion Technologies by 3,248.7% in the 4th quarter. US Bancorp DE now owns 6,262 shares of the company's stock valued at $109,000 after acquiring an additional 6,075 shares during the period. SkyView Investment Advisors LLC purchased a new position in Mirion Technologies in the third quarter valued at about $111,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Mirion Technologies during the 4th quarter valued at approximately $120,000. Paloma Partners Management Co acquired a new position in Mirion Technologies during the third quarter worth $122,000. Finally, KBC Group NV grew its stake in 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. Institutional investors and hedge funds own 78.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MIR. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. The Goldman Sachs Group increased their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Finally, Robert W. Baird cut their target price 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. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $18.75.

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Mirion Technologies Trading Down 1.6 %

Shares of Mirion Technologies stock traded down $0.22 during trading hours on Tuesday, reaching $12.97. 2,408,912 shares of the company's stock were exchanged, compared to its average volume of 1,652,754. Mirion Technologies, Inc. has a 52-week low of $9.11 and a 52-week high of $18.81. The company has a fifty day moving average of $15.11 and a 200-day moving average of $15.36. 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 firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of -68.24 and a beta of 0.75.

Mirion Technologies (NYSE:MIR - Get Free Report) last released 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%. Sell-side analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

About Mirion Technologies

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.