Graham Capital Management L.P. Takes Position in Mirion Technologies, Inc. (NYSE:MIR)

Graham Capital Management L.P. acquired a new position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 107,748 shares of the company's stock, valued at approximately $1,880,000.

A number of other hedge funds have also recently modified their holdings of MIR. Envestnet Asset Management Inc. raised its stake in shares of Mirion Technologies by 4.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 19,386 shares of the company's stock worth $338,000 after buying an additional 865 shares during the period. Swiss National Bank raised its stake in Mirion Technologies by 0.5% during the 4th quarter. Swiss National Bank now owns 376,800 shares of the company's stock worth $6,575,000 after acquiring an additional 2,000 shares during the period. Summit Investment Advisors Inc. lifted its holdings in Mirion Technologies by 10.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 21,611 shares of the company's stock valued at $377,000 after purchasing an additional 2,031 shares in the last quarter. Xponance Inc. raised its position in shares of Mirion Technologies by 15.9% during the 4th quarter. Xponance Inc. now owns 14,942 shares of the company's stock valued at $261,000 after purchasing an additional 2,048 shares during the period. Finally, KBC Group NV lifted its stake in shares of Mirion Technologies by 39.2% during the 4th quarter. KBC Group NV now owns 8,002 shares of the company's stock valued at $140,000 after buying an additional 2,254 shares in the last quarter. Institutional investors own 78.51% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on MIR shares. 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 report on Wednesday, April 16th. Citigroup cut their price objective on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Robert W. Baird lowered 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. 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, the company presently has a consensus rating of "Buy" and an average target price of $18.75.

Mirion Technologies Trading Down 2.5%

MIR traded down $0.44 during trading on Thursday, reaching $17.11. The company had a trading volume of 1,648,272 shares, compared to its average volume of 1,696,845. 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 business has a 50 day simple moving average of $14.71 and a 200-day simple moving average of $15.79. The stock has a market cap of $3.97 billion, a P/E ratio of -90.05 and a beta of 0.74. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.02. The firm 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 4.78% and a negative net margin of 4.21%. Mirion Technologies's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.06 EPS. On average, equities analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

About Mirion Technologies

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.