Mirion Technologies, Inc. (NYSE:MIR) Stock Position Lifted by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its position in Mirion Technologies, Inc. (NYSE:MIR) by 1,532.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 520,692 shares of the company’s stock after acquiring an additional 488,790 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.22% of Mirion Technologies worth $8,810,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp increased its stake in Mirion Technologies by 2.7% during the third quarter. State Street Corp now owns 5,365,728 shares of the company’s stock valued at $59,399,000 after purchasing an additional 138,648 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Mirion Technologies by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company’s stock valued at $49,851,000 after buying an additional 147,408 shares during the last quarter. Corsair Capital Management L.P. raised its stake in Mirion Technologies by 83.9% during the third quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock worth $34,991,000 after acquiring an additional 1,441,846 shares during the period. ArrowMark Colorado Holdings LLC raised its position in shares of Mirion Technologies by 8.7% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 3,000,060 shares of the company’s stock worth $33,211,000 after purchasing an additional 241,334 shares during the period. Finally, Artemis Investment Management LLP bought a new position in Mirion Technologies in the 4th quarter worth about $38,155,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Citigroup lifted their target price on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. The Goldman Sachs Group raised their target price on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, Robert W. Baird initiated coverage on Mirion Technologies in a report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target on the stock. Three investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $19.25.

Mirion Technologies Stock Up 0.4 %

MIR stock opened at $16.37 on Wednesday. The firm has a market cap of $3.80 billion, a PE ratio of -48.13 and a beta of 0.73. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. The company has a fifty day simple moving average of $16.88 and a 200 day simple moving average of $14.23. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. Sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.33 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.