Rice Hall James & Associates LLC Sells 82,212 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Rice Hall James & Associates LLC reduced its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 270,525 shares of the company’s stock after selling 82,212 shares during the period. Rice Hall James & Associates LLC’s holdings in Mirion Technologies were worth $4,721,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Quest Partners LLC raised its holdings in shares of Mirion Technologies by 680.5% in the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock worth $74,000 after purchasing an additional 5,866 shares during the period. SkyView Investment Advisors LLC purchased a new position in Mirion Technologies during the 3rd quarter valued at about $111,000. Integrated Advisors Network LLC bought a new stake in Mirion Technologies during the 3rd quarter worth approximately $120,000. Paloma Partners Management Co bought a new position in shares of Mirion Technologies in the third quarter worth $122,000. Finally, KBC Group NV increased its holdings in shares of 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 purchasing an additional 2,254 shares during the period. Institutional investors own 78.51% of the company’s stock.

Analysts Set New Price Targets

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

Mirion Technologies Stock Up 0.4 %

Shares of Mirion Technologies stock opened at $16.32 on Tuesday. The company’s 50 day moving average is $16.88 and its 200 day moving average is $14.23. The company has a market cap of $3.79 billion, a price-to-earnings ratio of -48.01 and a beta of 0.73. The company has a quick ratio of 1.55, a current ratio of 2.16 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.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. Research analysts anticipate that Mirion Technologies, Inc. will post 0.33 EPS for the current year.

About Mirion Technologies

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.