Vontobel Holding Ltd. Makes New $868,000 Investment in Mirion Technologies, Inc. (NYSE:MIR)

Vontobel Holding Ltd. bought a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 59,895 shares of the company's stock, valued at approximately $868,000.

Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of Mirion Technologies by 2.0% in the fourth quarter. Bank of New York Mellon Corp now owns 661,429 shares of the company's stock valued at $11,542,000 after purchasing an additional 13,248 shares in the last quarter. US Bancorp DE grew its position in shares of Mirion Technologies by 3,248.7% in the fourth quarter. US Bancorp DE now owns 6,262 shares of the company's stock valued at $109,000 after purchasing an additional 6,075 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Mirion Technologies by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,599,211 shares of the company's stock valued at $27,906,000 after purchasing an additional 39,635 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Mirion Technologies in the fourth quarter valued at approximately $17,164,000. Finally, Swiss National Bank grew its position in shares of Mirion Technologies by 0.5% in the fourth quarter. Swiss National Bank now owns 376,800 shares of the company's stock valued at $6,575,000 after purchasing an additional 2,000 shares in the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Trading Up 3.0%

Mirion Technologies stock traded up $0.60 during mid-day trading on Wednesday, hitting $20.82. The company's stock had a trading volume of 2,416,752 shares, compared to its average volume of 2,151,432. The firm has a market capitalization of $4.83 billion, a PE ratio of -347.00 and a beta of 0.83. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $22.21. The company has a current ratio of 2.23, a quick ratio of 1.69 and a debt-to-equity ratio of 0.44. The stock's fifty day moving average is $18.97 and its two-hundred day moving average is $16.70.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $202.00 million during the quarter, compared to analyst estimates of $199.34 million. Mirion Technologies had a positive return on equity of 6.07% and a negative net margin of 1.16%. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.06 earnings per share. On average, analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Insiders Place Their Bets

In other Mirion Technologies news, Director Lawrence D. Kingsley sold 500,000 shares of the company's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the transaction, the director directly owned 61,287 shares in the company, valued at $1,099,488.78. This represents a 89.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.30% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Citigroup dropped their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Robert W. Baird upped their price target on Mirion Technologies from $20.00 to $22.00 and gave the company an "outperform" rating in a research report on Wednesday. Finally, B. Riley dropped their price target on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $19.25.

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.