Gamco Investors INC. ET AL Reduces Stock Position in Mirion Technologies, Inc. (NYSE:MIR)

Gamco Investors INC. ET AL decreased its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 5.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 599,634 shares of the company’s stock after selling 35,136 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Mirion Technologies were worth $10,464,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MIR. US Bancorp DE increased its stake in Mirion Technologies by 3,248.7% in the 4th quarter. US Bancorp DE now owns 6,262 shares of the company’s stock worth $109,000 after buying an additional 6,075 shares during the period. SkyView Investment Advisors LLC bought a new position in Mirion Technologies in the 3rd quarter worth about $111,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Mirion Technologies during the fourth quarter worth approximately $120,000. KBC Group NV raised its stake in shares of Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company’s stock valued at $140,000 after acquiring an additional 2,254 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Mirion Technologies in the third quarter valued at approximately $170,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Stock Up 1.6 %

Shares of NYSE MIR opened at $13.92 on Wednesday. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $18.81. The stock’s fifty day simple moving average is $14.87 and its two-hundred day simple moving average is $15.46. The stock has a market capitalization of $3.23 billion, a PE ratio of -73.25 and a beta of 0.75. 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 issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating 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%. As a group, analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MIR has been the topic of several research reports. Robert W. Baird reduced their price objective on Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, April 4th. Citigroup decreased their price objective on Mirion Technologies from $20.00 to $17.00 and set a “buy” rating for the company in a report on Monday. Finally, Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $18.00.

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.