983,610 Shares in Mirion Technologies, Inc. (NYSE:MIR) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 983,610 shares of the company’s stock, valued at approximately $17,164,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MIR. Quest Partners LLC increased its stake in Mirion Technologies by 680.5% during 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 during the period. US Bancorp DE increased its stake in Mirion Technologies by 3,248.7% during 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. SkyView Investment Advisors LLC bought a new position in Mirion Technologies during the third quarter valued at about $111,000. Paloma Partners Management Co bought a new position in Mirion Technologies during the third quarter valued at about $122,000. Finally, KBC Group NV increased its stake in Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company’s stock valued at $140,000 after acquiring an additional 2,254 shares during the period. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Stock Up 2.2 %

NYSE MIR opened at $14.78 on Tuesday. The firm has a market cap of $3.43 billion, a PE ratio of -77.76 and a beta of 0.74. Mirion Technologies, Inc. has a one year low of $9.11 and a one year high of $18.81. The stock’s 50 day simple moving average is $15.81 and its 200 day simple moving average is $14.87. 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 released its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. As a group, sell-side analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.