Royce & Associates LP Trims Position in Mirion Technologies, Inc. (NYSE:MIR)

Royce & Associates LP decreased its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 453,000 shares of the company’s stock after selling 31,000 shares during the quarter. Royce & Associates LP owned about 0.20% of Mirion Technologies worth $7,905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in MIR. Quest Partners LLC lifted its position in shares of Mirion Technologies by 680.5% in the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock worth $74,000 after purchasing an additional 5,866 shares during the period. US Bancorp DE lifted its holdings 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 buying an additional 6,075 shares during the period. SkyView Investment Advisors LLC purchased a new position in shares of Mirion Technologies during the 3rd quarter worth approximately $111,000. Paloma Partners Management Co purchased a new position in shares of Mirion Technologies during the 3rd quarter worth approximately $122,000. Finally, KBC Group NV lifted its stake in shares of Mirion Technologies by 39.2% in the 4th quarter. KBC Group NV now owns 8,002 shares of the company’s stock valued at $140,000 after purchasing an additional 2,254 shares during the period. Institutional investors own 78.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group upped their price target on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Citigroup upped their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Robert W. Baird began coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective on the stock. Finally, Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $19.25.

Mirion Technologies Price Performance

MIR opened at $14.75 on Wednesday. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. The stock has a 50-day moving average price of $15.76 and a 200-day moving average price of $14.90. The firm has a market cap of $3.43 billion, a PE ratio of -77.61 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.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. Sell-side analysts predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal 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.