Price T Rowe Associates Inc. MD Buys 16,910 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Price T Rowe Associates Inc. MD raised its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,276 shares of the company's stock after acquiring an additional 16,910 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.06% of Mirion Technologies worth $2,448,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Mirion Technologies by 325.0% during the 3rd quarter. Barclays PLC now owns 307,680 shares of the company's stock valued at $3,405,000 after acquiring an additional 235,288 shares during the last quarter. Artemis Investment Management LLP bought a new stake in shares of Mirion Technologies in the fourth quarter worth $38,155,000. Simon Quick Advisors LLC boosted its position in Mirion Technologies by 49.6% in the fourth quarter. Simon Quick Advisors LLC now owns 24,054 shares of the company's stock worth $420,000 after purchasing an additional 7,978 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Mirion Technologies by 291.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 88,830 shares of the company's stock valued at $1,550,000 after purchasing an additional 66,132 shares during the last quarter. Finally, KBC Group NV boosted its holdings 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 worth $140,000 after buying an additional 2,254 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Price Performance

NYSE MIR traded up $0.28 on Friday, reaching $16.41. The company had a trading volume of 947,349 shares, compared to its average volume of 1,685,146. The firm's 50 day moving average price is $14.61 and its 200 day moving average price is $15.73. 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 $3.81 billion, a PE ratio of -86.37 and a beta of 0.74. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings results 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 company had revenue of $202.00 million for the quarter, compared to the consensus estimate of $199.34 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Mirion Technologies's revenue was up 4.9% on a year-over-year basis. As a group, equities analysts predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.