Duquesne Family Office LLC Purchases New Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Duquesne Family Office LLC purchased a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 342,700 shares of the company's stock, valued at approximately $5,980,000. Duquesne Family Office LLC owned approximately 0.15% of Mirion Technologies as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MIR. US Bancorp DE raised its holdings in 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 in the last quarter. Tower Research Capital LLC TRC lifted its stake in Mirion Technologies by 162.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company's stock worth $116,000 after purchasing an additional 4,120 shares during the period. Harvest Fund Management Co. Ltd bought a new position in Mirion Technologies during the fourth quarter worth about $120,000. KBC Group NV lifted its stake in Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company's stock worth $140,000 after purchasing an additional 2,254 shares during the period. Finally, Corient Private Wealth LLC bought a new position in Mirion Technologies during the fourth quarter worth about $187,000. Institutional investors and hedge funds own 78.51% of the company's stock.

Mirion Technologies Price Performance

Shares of NYSE MIR traded up $0.71 during mid-day trading on Monday, hitting $17.09. 657,028 shares of the stock were exchanged, compared to its average volume of 1,685,359. The company has a market cap of $3.96 billion, a P/E ratio of -89.83 and a beta of 0.74. The stock's fifty day simple moving average is $14.61 and its two-hundred day simple moving average is $15.76. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. Mirion Technologies, Inc. has a twelve month low of $9.11 and a twelve month high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The business had revenue of $202.00 million during the quarter, compared to analyst estimates of $199.34 million. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. Mirion Technologies's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 earnings per share. As a group, analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

MIR has been the subject of a number of analyst reports. B. Riley cut their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Citigroup cut their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Robert W. Baird cut their price target 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, April 4th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Mirion Technologies has a consensus rating of "Buy" and a consensus target price of $18.75.

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.