Nomura Holdings Inc. Makes New Investment in Mirion Technologies, Inc. (NYSE:MIR)

Nomura Holdings Inc. acquired a new position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 97,824 shares of the company's stock, valued at approximately $1,707,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. US Bancorp DE lifted its position in Mirion Technologies by 3,248.7% during the 4th quarter. US Bancorp DE now owns 6,262 shares of the company's stock worth $109,000 after acquiring an additional 6,075 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Mirion Technologies by 162.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company's stock valued at $116,000 after purchasing an additional 4,120 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Mirion Technologies during the fourth quarter worth $120,000. KBC Group NV boosted its stake in shares of Mirion Technologies by 39.2% in the fourth quarter. KBC Group NV now owns 8,002 shares of the company's stock valued at $140,000 after purchasing an additional 2,254 shares during the period. Finally, Corient Private Wealth LLC acquired a new stake in Mirion Technologies during the 4th quarter valued at $187,000. Hedge funds and other institutional investors own 78.51% of the company's stock.

Mirion Technologies Stock Up 6.6%

MIR stock traded up $1.17 during mid-day trading on Friday, hitting $18.97. 3,288,769 shares of the company were exchanged, compared to its average volume of 1,787,530. The firm has a fifty day simple moving average of $15.18 and a 200 day simple moving average of $15.92. The company has a market capitalization of $4.40 billion, a PE ratio of -100.42 and a beta of 0.74. Mirion Technologies, Inc. has a twelve month low of $9.11 and a twelve month high of $19.24. 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 issued its quarterly 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 for the quarter, compared to analysts' expectations of $199.34 million. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The company's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.06 earnings per share. On average, research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MIR shares. Robert W. Baird cut their price objective 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 cut their price target on 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 objective on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Mirion Technologies presently has a consensus rating of "Buy" and an average 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.