Royce & Associates LP Sells 31,000 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Royce & Associates LP trimmed its stake in shares of Mirion Technologies, Inc. (NYSE:MIR) by 6.4% in the 4th quarter, Holdings Channel reports. The firm owned 453,000 shares of the company’s stock after selling 31,000 shares during the period. Royce & Associates LP’s holdings in Mirion Technologies were worth $7,905,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Telemark Asset Management LLC grew its position in Mirion Technologies by 25.0% in the 4th quarter. Telemark Asset Management LLC now owns 500,000 shares of the company’s stock worth $8,725,000 after purchasing an additional 100,000 shares during the period. Swiss National Bank grew its holdings in shares of Mirion Technologies by 0.5% in the fourth quarter. Swiss National Bank now owns 376,800 shares of the company’s stock worth $6,575,000 after acquiring an additional 2,000 shares during the period. Raymond James Financial Inc. purchased a new stake in Mirion Technologies during the fourth quarter valued at $17,164,000. Charles Schwab Investment Management Inc. increased its position in Mirion Technologies by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,599,211 shares of the company’s stock valued at $27,906,000 after acquiring an additional 39,635 shares during the last quarter. Finally, 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 valued at $109,000 after acquiring an additional 6,075 shares during the period. Institutional investors own 78.51% of the company’s stock.

Mirion Technologies Stock Performance

MIR opened at $14.75 on Wednesday. The company has a 50 day simple moving average of $15.76 and a two-hundred day simple moving average of $14.90. 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 firm has a market cap of $3.43 billion, a P/E ratio of -77.61 and a beta of 0.74. Mirion Technologies, Inc. has a 1-year low of $9.11 and a 1-year high of $18.81.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share 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%. Equities analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Mirion Technologies Company 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.