Harvest Fund Management Co. Ltd Buys Shares of 6,858 Mirion Technologies, Inc. (NYSE:MIR)

Harvest Fund Management Co. Ltd bought a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,858 shares of the company’s stock, valued at approximately $120,000.

Several other institutional investors have also added to or reduced their stakes in MIR. William Blair Investment Management LLC purchased a new stake in Mirion Technologies during the 4th quarter valued at $53,066,000. Artemis Investment Management LLP purchased a new stake in Mirion Technologies during the 4th quarter valued at $38,155,000. Corsair Capital Management L.P. boosted its stake in Mirion Technologies by 83.9% during the 3rd quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock valued at $34,991,000 after purchasing an additional 1,441,846 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Mirion Technologies in the 4th quarter worth $17,164,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Mirion Technologies by 1,532.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock worth $8,810,000 after acquiring an additional 488,790 shares during the period. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Mirion Technologies Stock Performance

Shares of MIR opened at $15.22 on Friday. 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 business has a 50-day simple moving average of $15.69 and a two-hundred day simple moving average of $14.97. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of -80.10 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 issued 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%. On average, analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

Analysts Set New Price Targets

MIR has been the topic of a number of recent research reports. Robert W. Baird initiated coverage on Mirion Technologies in a report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 target price on the stock. Citigroup increased 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. The Goldman Sachs Group increased their target price on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Baird R W raised Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Mirion Technologies currently has a consensus rating of “Buy” and a consensus 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.