Schonfeld Strategic Advisors LLC Takes $4.41 Million Position in Mirion Technologies, Inc. (NYSE:MIR)

Schonfeld Strategic Advisors LLC acquired a new position in Mirion Technologies, Inc. (NYSE:MIR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 252,686 shares of the company's stock, valued at approximately $4,409,000. Schonfeld Strategic Advisors LLC owned about 0.11% of Mirion Technologies as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MIR. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Mirion Technologies by 29,948.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company's stock valued at $73,550,000 after buying an additional 4,200,894 shares in the last quarter. William Blair Investment Management LLC bought a new position in Mirion Technologies during the 4th quarter valued at about $53,066,000. Artemis Investment Management LLP purchased a new stake in shares of Mirion Technologies during the 4th quarter valued at about $38,155,000. Bornite Capital Management LP purchased a new position in shares of Mirion Technologies during the fourth quarter valued at approximately $36,942,000. Finally, Raymond James Financial Inc. purchased a new stake in Mirion Technologies in the fourth quarter worth approximately $17,164,000. Hedge funds and other institutional investors own 78.51% of the company's stock.

Analysts Set New Price Targets

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

Mirion Technologies Trading Up 1.7 %

Shares of MIR stock traded up $0.28 on Thursday, hitting $16.38. The stock had a trading volume of 142,610 shares, compared to its average volume of 1,676,460. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. The firm has a market capitalization of $3.81 billion, a P/E ratio of -86.11 and a beta of 0.74. 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 company's 50 day moving average price is $14.56 and its 200-day moving average price is $15.70.

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. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The business had revenue of $202.00 million for the quarter, compared to analyst estimates of $199.34 million. During the same period in the previous year, the business posted $0.06 earnings per share. The business's revenue was up 4.9% compared to the same quarter last year. Analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share 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.