Gamco Investors INC. ET AL Reduces Stock Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Gamco Investors INC. ET AL trimmed its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 599,634 shares of the company's stock after selling 35,136 shares during the period. Gamco Investors INC. ET AL owned 0.26% of Mirion Technologies worth $10,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. US Bancorp DE lifted its holdings in Mirion Technologies by 3,248.7% during 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 during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in Mirion Technologies in the 4th quarter valued at approximately $120,000. KBC Group NV lifted its position in shares of 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 acquiring an additional 2,254 shares in the last quarter. SkyView Investment Advisors LLC bought a new position in shares of Mirion Technologies in the third quarter worth $111,000. Finally, Corient Private Wealth LLC bought a new stake in shares of Mirion Technologies during the 4th quarter valued at $187,000. 78.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MIR has been the topic of several analyst reports. B. Riley decreased their price target on Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Citigroup reduced 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 report on Monday, April 14th. Finally, Robert W. Baird reduced their target price on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research report on Friday, April 4th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $18.75.

Mirion Technologies Price Performance

MIR stock traded down $0.35 during mid-day trading on Monday, hitting $13.45. 368,491 shares of the stock were exchanged, compared to its average volume of 1,663,268. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of -70.79 and a beta of 0.75. The business has a fifty day moving average price of $14.72 and a 200 day moving average price of $15.55. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. On average, 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.