Deutsche Bank AG Acquires 141,008 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Deutsche Bank AG grew its holdings in shares of Mirion Technologies, Inc. (NYSE:MIR) by 82.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 311,446 shares of the company’s stock after purchasing an additional 141,008 shares during the quarter. Deutsche Bank AG owned about 0.13% of Mirion Technologies worth $5,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Duquesne Family Office LLC bought a new position in Mirion Technologies during the fourth quarter valued at about $5,980,000. Cresset Asset Management LLC bought a new position in shares of Mirion Technologies in the 4th quarter valued at approximately $1,021,000. CastleKnight Management LP acquired a new stake in Mirion Technologies in the 4th quarter worth approximately $1,743,000. Bosun Asset Management LLC bought a new stake in Mirion Technologies during the fourth quarter worth approximately $240,000. Finally, Brown Advisory Inc. bought a new stake in Mirion Technologies during the fourth quarter worth approximately $66,520,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Trading Up 0.8%

Shares of Mirion Technologies stock opened at $17.24 on Monday. Mirion Technologies, Inc. has a 1 year low of $9.11 and a 1 year high of $18.81. The company’s fifty day simple moving average is $14.91 and its 200-day simple moving average is $15.85. The company has a market cap of $4.00 billion, a price-to-earnings ratio of -90.74 and a beta of 0.74. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $202.00 million for the quarter, compared to analyst estimates of $199.34 million. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the business posted $0.06 EPS. As a group, sell-side analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Robert W. Baird dropped their price target on shares of Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating on the stock in a research report on Friday, April 4th. Citigroup cut their target price on shares of Mirion Technologies from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, B. Riley decreased their price target on shares of Mirion Technologies from $19.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus 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.