Mirion Technologies, Inc. (NYSE:MIR) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its stake in shares of Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 85.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 490,814 shares of the company's stock after acquiring an additional 226,566 shares during the quarter. Invesco Ltd. owned about 0.21% of Mirion Technologies worth $8,565,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MIR. US Bancorp DE grew its position in Mirion Technologies by 3,248.7% in the fourth 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. SkyView Investment Advisors LLC bought a new stake in Mirion Technologies during the third quarter worth approximately $111,000. Harvest Fund Management Co. Ltd bought a new stake in Mirion Technologies during the fourth quarter worth approximately $120,000. KBC Group NV increased its stake in 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 during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Mirion Technologies during the third quarter worth approximately $170,000. Institutional investors own 78.51% of the company's stock.

Mirion Technologies Trading Up 0.0 %

Shares of MIR traded up $0.01 during mid-day trading on Tuesday, reaching $15.40. 102,864 shares of the company's stock traded hands, compared to its average volume of 1,672,881. The stock has a market cap of $3.58 billion, a P/E ratio of -80.97 and a beta of 0.75. The stock's 50-day moving average is $14.49 and its two-hundred day moving average is $15.64. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. Research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MIR shares. Citigroup reduced their price objective on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. B. Riley reduced their price objective 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, Robert W. Baird cut their target price on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating on the stock in a research note on Friday, April 4th. Four investment 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.com, 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.