Tudor Investment Corp ET AL Buys 100,367 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Tudor Investment Corp ET AL grew its stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) by 153.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,866 shares of the company's stock after purchasing an additional 100,367 shares during the period. Tudor Investment Corp ET AL owned approximately 0.07% of Mirion Technologies worth $2,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of MIR. Envestnet Asset Management Inc. increased its holdings in shares of Mirion Technologies by 4.7% during 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 in the last quarter. Swiss National Bank raised its position in Mirion Technologies by 0.5% in the 4th quarter. Swiss National Bank now owns 376,800 shares of the company's stock valued at $6,575,000 after purchasing an additional 2,000 shares during the last quarter. Summit Investment Advisors Inc. boosted its stake in Mirion Technologies by 10.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 21,611 shares of the company's stock worth $377,000 after purchasing an additional 2,031 shares in the last quarter. Xponance Inc. boosted its stake in Mirion Technologies by 15.9% in the fourth quarter. Xponance Inc. now owns 14,942 shares of the company's stock worth $261,000 after purchasing an additional 2,048 shares in the last quarter. Finally, KBC Group NV grew its holdings 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 worth $140,000 after purchasing an additional 2,254 shares during the last quarter. 78.51% of the stock is owned by institutional investors and hedge funds.

Mirion Technologies Trading Down 1.7 %

Mirion Technologies stock traded down $0.28 during mid-day trading on Monday, hitting $15.95. The stock had a trading volume of 1,909,933 shares, compared to its average volume of 1,674,687. The stock has a market capitalization of $3.71 billion, a PE ratio of -83.92 and a beta of 0.74. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43. The stock has a 50-day simple moving average of $14.50 and a two-hundred day simple moving average of $15.69.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $199.34 million. During the same quarter in the previous year, the company earned $0.06 EPS. Mirion Technologies's revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Analyst Upgrades and Downgrades

MIR has been the subject of a number of research analyst reports. Citigroup cut their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating for the company in a report on Monday, April 14th. 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 research note on Friday, April 4th. Finally, B. Riley decreased their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price 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.