16,557 Shares in Mirion Technologies, Inc. (NYSE:MIR) Acquired by Diametric Capital LP

Diametric Capital LP purchased a new position in shares of Mirion Technologies, Inc. (NYSE:MIR) in the fourth quarter, Holdings Channel reports. The fund purchased 16,557 shares of the company’s stock, valued at approximately $289,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MIR. Vanguard Group Inc. increased its holdings in Mirion Technologies by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company’s stock valued at $417,226,000 after buying an additional 227,178 shares in the last quarter. State Street Corp grew its position in shares of Mirion Technologies by 2.7% during the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company’s stock valued at $59,399,000 after acquiring an additional 138,648 shares during the period. Geode Capital Management LLC increased 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 in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Mirion Technologies by 29,948.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company’s stock worth $73,550,000 after purchasing an additional 4,200,894 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new position in Mirion Technologies during the fourth quarter worth approximately $53,066,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MIR shares. Citigroup upped their target price on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. The Goldman Sachs Group increased their price objective 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, Robert W. Baird initiated coverage on shares of 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $19.25.

Mirion Technologies Stock Performance

Shares of NYSE:MIR opened at $14.35 on Wednesday. The business’s 50 day moving average price is $15.48 and its 200-day moving average price is $15.26. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year 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. The firm has a market capitalization of $3.34 billion, a PE ratio of -75.55 and a beta of 0.74.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 research analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Mirion Technologies 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.