Legato Capital Management LLC Sells 36,498 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Legato Capital Management LLC trimmed its position in Mirion Technologies, Inc. (NYSE:MIR) by 20.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 145,470 shares of the company’s stock after selling 36,498 shares during the period. Legato Capital Management LLC’s holdings in Mirion Technologies were worth $2,538,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Mirion Technologies by 2.7% during the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company’s stock valued at $59,399,000 after buying an additional 138,648 shares in the last quarter. Geode Capital Management LLC boosted its stake in Mirion Technologies by 3.4% during the third quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company’s stock worth $49,851,000 after acquiring an additional 147,408 shares in the last quarter. Corsair Capital Management L.P. grew its holdings in Mirion Technologies by 83.9% in the third quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock worth $34,991,000 after purchasing an additional 1,441,846 shares during the period. ArrowMark Colorado Holdings LLC increased its stake in shares of Mirion Technologies by 8.7% during the third quarter. ArrowMark Colorado Holdings LLC now owns 3,000,060 shares of the company’s stock valued at $33,211,000 after purchasing an additional 241,334 shares in the last quarter. Finally, Artemis Investment Management LLP purchased a new position in shares of Mirion Technologies during the fourth quarter valued at approximately $38,155,000. Institutional investors own 78.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Mirion Technologies Stock Down 0.9 %

Mirion Technologies stock opened at $16.16 on Wednesday. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The stock has a fifty day simple moving average of $17.02 and a two-hundred day simple moving average of $14.03. 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 firm has a market cap of $3.75 billion, a price-to-earnings ratio of -47.51 and a beta of 0.73.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. Equities analysts predict that Mirion Technologies, Inc. will post 0.33 EPS 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.