Deutsche Bank AG Buys 141,008 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Deutsche Bank AG boosted its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 82.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,446 shares of the company's stock after buying an additional 141,008 shares during the period. Deutsche Bank AG owned about 0.13% of Mirion Technologies worth $5,435,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Duquesne Family Office LLC acquired a new stake in shares of Mirion Technologies during the fourth quarter worth approximately $5,980,000. Cresset Asset Management LLC acquired a new position in Mirion Technologies in the fourth quarter valued at approximately $1,021,000. CastleKnight Management LP bought a new stake in shares of Mirion Technologies in the 4th quarter valued at about $1,743,000. Bosun Asset Management LLC bought a new stake in shares of Mirion Technologies in the 4th quarter valued at about $240,000. Finally, Brown Advisory Inc. acquired a new stake in Mirion Technologies in the fourth quarter worth $66,520,000. Institutional investors own 78.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MIR. Robert W. Baird cut their target price on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a report on Friday, April 4th. B. Riley lowered their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Citigroup lowered their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Mirion Technologies currently has a consensus rating of "Buy" and an average target price of $18.75.

Mirion Technologies Stock Performance

Shares of MIR traded up $1.29 during midday trading on Friday, reaching $19.09. The stock had a trading volume of 7,961,646 shares, compared to its average volume of 1,804,876. The firm has a 50 day simple moving average of $15.18 and a 200-day simple moving average of $15.92. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $19.24. The firm has a market cap of $4.43 billion, a PE ratio of -100.47 and a beta of 0.74. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $202.00 million during the quarter, compared to the consensus estimate 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 was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 EPS. As a group, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

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.