BNP Paribas Financial Markets bought a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 27,520 shares of the company's stock, valued at approximately $480,000.
A number of other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company's stock worth $8,810,000 after purchasing an additional 488,790 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Mirion Technologies by 291.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 88,830 shares of the company's stock worth $1,550,000 after buying an additional 66,132 shares during the period. Barclays PLC grew its holdings in shares of Mirion Technologies by 325.0% during the third quarter. Barclays PLC now owns 307,680 shares of the company's stock worth $3,405,000 after buying an additional 235,288 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Mirion Technologies during the fourth quarter worth about $394,000. Finally, Legal & General Group Plc increased its position in Mirion Technologies by 5.1% in the 4th quarter. Legal & General Group Plc now owns 219,698 shares of the company's stock valued at $3,834,000 after acquiring an additional 10,673 shares during the period. 78.51% of the stock is owned by institutional investors and hedge funds.
Mirion Technologies Stock Performance
NYSE MIR traded down $0.25 during trading hours on Thursday, hitting $19.26. 4,406,723 shares of the stock were exchanged, compared to its average volume of 1,866,289. 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 company has a market cap of $4.47 billion, a price-to-earnings ratio of -101.34 and a beta of 0.74. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $19.70. The stock has a 50-day moving average of $15.51 and a 200 day moving average of $16.02.
Mirion Technologies (NYSE:MIR - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. The company had revenue of $202.00 million for the quarter, compared to analysts' expectations of $199.34 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The firm's quarterly revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.
Insider Activity at Mirion Technologies
In other news, Director Lawrence D. Kingsley sold 500,000 shares of Mirion Technologies 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 completion of the transaction, the director now owns 61,287 shares of the company's stock, valued at $1,099,488.78. The trade was a 89.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 6.30% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have weighed in on MIR shares. B. Riley decreased their price objective 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. Robert W. Baird cut their price target on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Finally, Citigroup decreased their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a report on Monday, April 14th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Mirion Technologies currently has a consensus rating of "Buy" and an average price target of $18.75.
Get Our Latest Analysis on Mirion Technologies
Mirion Technologies Company Profile
(
Free Report)
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.
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