KLP Kapitalforvaltning AS Buys Shares of 37,500 Mirion Technologies, Inc. (NYSE:MIR)

KLP Kapitalforvaltning AS purchased a new position in Mirion Technologies, Inc. (NYSE:MIR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 37,500 shares of the company’s stock, valued at approximately $654,000.

Other large investors have also recently made changes to their positions in the company. US Bancorp DE boosted its stake in Mirion Technologies by 3,248.7% during the 4th quarter. US Bancorp DE now owns 6,262 shares of the company’s stock worth $109,000 after purchasing an additional 6,075 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in shares of Mirion Technologies in the third quarter worth about $111,000. Harvest Fund Management Co. Ltd acquired a new position in Mirion Technologies during the fourth quarter worth about $120,000. Paloma Partners Management Co purchased a new stake in Mirion Technologies during the 3rd quarter valued at about $122,000. Finally, KBC Group NV raised its holdings in 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 acquiring an additional 2,254 shares during the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Stock Performance

Shares of Mirion Technologies stock opened at $14.35 on Wednesday. The business’s fifty day simple moving average is $15.48 and its 200-day simple moving average is $15.26. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The firm has a market cap of $3.34 billion, a PE ratio of -75.55 and a beta of 0.74. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.81.

Mirion Technologies (NYSE:MIR) last announced 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 year.

Analyst Upgrades and Downgrades

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