Pictet Asset Management Holding SA Increases Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Pictet Asset Management Holding SA boosted its position in Mirion Technologies, Inc. (NYSE:MIR) by 14.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 28,114 shares of the company’s stock after purchasing an additional 3,496 shares during the period. Pictet Asset Management Holding SA’s holdings in Mirion Technologies were worth $491,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in Mirion Technologies by 171.7% during the fourth quarter. JPMorgan Chase & Co. now owns 598,048 shares of the company’s stock valued at $10,436,000 after buying an additional 377,915 shares during the period. Pier Capital LLC bought a new stake in shares of Mirion Technologies in the 4th quarter valued at about $11,481,000. Segall Bryant & Hamill LLC boosted its holdings in Mirion Technologies by 39.7% during the 4th quarter. Segall Bryant & Hamill LLC now owns 474,583 shares of the company’s stock valued at $8,281,000 after acquiring an additional 134,909 shares during the period. Advantage Alpha Capital Partners LP bought a new position in Mirion Technologies during the 4th quarter worth approximately $4,111,000. Finally, Emerald Advisers LLC purchased a new position in Mirion Technologies in the 4th quarter worth approximately $10,609,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Price Performance

Shares of MIR stock opened at $14.28 on Thursday. 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 fifty-two week low of $9.11 and a fifty-two week high of $18.81. The firm has a market cap of $3.32 billion, a P/E ratio of -75.16 and a beta of 0.75. The business’s 50 day moving average price is $15.05 and its 200-day moving average price is $15.38.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating 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%. On average, equities research analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Analyst Ratings Changes

MIR has been the subject of a number of analyst reports. The Goldman Sachs Group increased 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 shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Finally, Robert W. Baird cut their price target on shares of Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, April 4th. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Mirion Technologies currently has an average rating of “Buy” and a consensus price target of $18.75.

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.