Rhumbline Advisers Buys 8,288 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Rhumbline Advisers increased its position in Mirion Technologies, Inc. (NYSE:MIR) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 318,467 shares of the company’s stock after acquiring an additional 8,288 shares during the quarter. Rhumbline Advisers owned about 0.14% of Mirion Technologies worth $5,557,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Quest Partners LLC boosted its position in shares of Mirion Technologies by 680.5% during 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. SkyView Investment Advisors LLC purchased a new stake in Mirion Technologies in the third quarter valued at approximately $111,000. Integrated Advisors Network LLC bought a new stake in Mirion Technologies during the third quarter valued at approximately $120,000. Paloma Partners Management Co purchased a new position in Mirion Technologies in the 3rd quarter worth approximately $122,000. Finally, KBC Group NV increased its holdings 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 worth $140,000 after buying an additional 2,254 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Mirion Technologies Price Performance

Shares of NYSE:MIR opened at $14.96 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The stock has a market cap of $3.47 billion, a PE ratio of -78.71 and a beta of 0.73. The company’s fifty day moving average is $16.59 and its 200 day moving average is $14.49. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.81.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating 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%. Research analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Mirion Technologies Company 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.