Teacher Retirement System of Texas Sells 26,386 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Teacher Retirement System of Texas reduced its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 62.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,832 shares of the company’s stock after selling 26,386 shares during the quarter. Teacher Retirement System of Texas’ holdings in Mirion Technologies were worth $276,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd bought a new stake in Mirion Technologies in the fourth quarter valued at approximately $120,000. Xponance Inc. raised its stake in Mirion Technologies by 15.9% in the 4th quarter. Xponance Inc. now owns 14,942 shares of the company’s stock valued at $261,000 after acquiring an additional 2,048 shares during the period. William Blair Investment Management LLC acquired a new stake in Mirion Technologies during the 4th quarter valued at $53,066,000. Counterpoint Mutual Funds LLC bought a new position in Mirion Technologies during the fourth quarter worth $768,000. Finally, Cibc World Markets Corp acquired a new position in shares of Mirion Technologies in the fourth quarter valued at $337,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Stock Performance

NYSE MIR opened at $14.35 on Wednesday. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $18.81. The firm has a 50-day moving average price of $15.48 and a two-hundred day moving average price of $15.26. The company has a market capitalization of $3.34 billion, a P/E ratio of -75.55 and a beta of 0.74. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 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%. Analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on MIR shares. 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 research note on Thursday, December 12th. Baird R W upgraded Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. 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 on the stock. Finally, Citigroup lifted their price target on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $19.25.

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.