Mirion Technologies, Inc. (NYSE:MIR) Shares Acquired by Telemark Asset Management LLC

Telemark Asset Management LLC lifted its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 25.0% in the fourth quarter, HoldingsChannel reports. The firm owned 500,000 shares of the company’s stock after buying an additional 100,000 shares during the quarter. Telemark Asset Management LLC’s holdings in Mirion Technologies were worth $8,725,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quest Partners LLC grew its holdings in shares of 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 purchasing an additional 5,866 shares in the last quarter. US Bancorp DE lifted its stake in Mirion Technologies by 3,248.7% in the fourth quarter. US Bancorp DE now owns 6,262 shares of the company’s stock worth $109,000 after acquiring an additional 6,075 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in Mirion Technologies in the third quarter worth approximately $111,000. Paloma Partners Management Co purchased a new position in Mirion Technologies in the third quarter worth approximately $122,000. Finally, KBC Group NV lifted its stake in Mirion Technologies by 39.2% in the fourth quarter. KBC Group NV now owns 8,002 shares of the company’s stock worth $140,000 after acquiring an additional 2,254 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MIR. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. The Goldman Sachs Group lifted their price target on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird began coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target for the company. Finally, Citigroup lifted their price target on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $19.25.

Mirion Technologies Stock Up 1.4 %

Shares of NYSE:MIR opened at $14.36 on Thursday. The company has a market capitalization of $3.34 billion, a PE ratio of -75.60 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, Inc. has a twelve month low of $9.11 and a twelve month high of $18.81. The firm has a 50 day simple moving average of $15.97 and a 200-day simple moving average of $14.77.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates 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 analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

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.