Barclays PLC Purchases 45,642 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Barclays PLC raised its position in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 14.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 353,322 shares of the company's stock after purchasing an additional 45,642 shares during the quarter. Barclays PLC owned 0.15% of Mirion Technologies worth $6,166,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. US Bancorp DE raised its holdings in Mirion Technologies by 3,248.7% in 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 during the last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of Mirion Technologies during the fourth quarter valued at $120,000. KBC Group NV boosted 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 valued at $140,000 after buying an additional 2,254 shares during the last quarter. SkyView Investment Advisors LLC bought a new stake in Mirion Technologies in the 3rd quarter worth about $111,000. Finally, Corient Private Wealth LLC purchased a new position in Mirion Technologies in the 4th quarter worth about $187,000. 78.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MIR. Citigroup dropped their price target on shares of Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Monday, April 14th. B. Riley dropped their target price on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, Robert W. Baird decreased their target price on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $18.75.

Mirion Technologies Stock Performance

Shares of MIR traded up $0.29 on Thursday, reaching $16.07. The company's stock had a trading volume of 788,814 shares, compared to its average volume of 1,682,610. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $18.81. The stock has a market capitalization of $3.73 billion, a P/E ratio of -84.90 and a beta of 0.75. 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's 50 day simple moving average is $14.47 and its two-hundred day simple moving average is $15.64.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The firm had revenue of $202.00 million during the quarter, compared to the consensus estimate of $199.34 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

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.