Mirion Technologies, Inc. (NYSE:MIR) Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its stake in Mirion Technologies, Inc. (NYSE:MIR) by 10.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,031 shares of the company’s stock after acquiring an additional 5,800 shares during the period. Handelsbanken Fonder AB’s holdings in Mirion Technologies were worth $1,065,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC raised its holdings in Mirion Technologies by 680.5% in the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock valued at $74,000 after acquiring an additional 5,866 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in Mirion Technologies in the third quarter valued at $111,000. Integrated Advisors Network LLC acquired a new stake in Mirion Technologies in the third quarter valued at $120,000. Paloma Partners Management Co acquired a new stake in Mirion Technologies in the third quarter valued at $122,000. Finally, KBC Group NV raised 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 period. 78.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MIR has been the topic of a number of research reports. The Goldman Sachs Group increased their target price on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Citigroup increased their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Finally, Robert W. Baird initiated coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They set an “outperform” rating and a $22.00 target price on the stock. Three investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $19.25.

Mirion Technologies Stock Down 1.8 %

Mirion Technologies stock opened at $14.96 on Friday. The company has a 50-day simple moving average of $16.54 and a 200-day simple moving average of $14.50. The firm has a market capitalization of $3.47 billion, a P/E ratio of -78.71 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results 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 negative net margin of 4.21% and a positive return on equity of 4.78%. As a group, equities analysts expect that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

About Mirion Technologies

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.