US Bancorp DE Purchases 6,075 Shares of Mirion Technologies, Inc. (NYSE:MIR)

US Bancorp DE raised its position in Mirion Technologies, Inc. (NYSE:MIR) by 3,248.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,262 shares of the company’s stock after acquiring an additional 6,075 shares during the period. US Bancorp DE’s holdings in Mirion Technologies were worth $109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. State Street Corp raised its stake in shares of Mirion Technologies by 2.7% in the third quarter. State Street Corp now owns 5,365,728 shares of the company’s stock valued at $59,399,000 after buying an additional 138,648 shares during the period. Geode Capital Management LLC raised its stake in shares of Mirion Technologies by 3.4% in the third quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company’s stock valued at $49,851,000 after buying an additional 147,408 shares during the period. Corsair Capital Management L.P. raised its stake in shares of Mirion Technologies by 83.9% in the third quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock valued at $34,991,000 after buying an additional 1,441,846 shares during the period. ArrowMark Colorado Holdings LLC raised its stake in shares of Mirion Technologies by 8.7% in the third quarter. ArrowMark Colorado Holdings LLC now owns 3,000,060 shares of the company’s stock valued at $33,211,000 after buying an additional 241,334 shares during the period. Finally, Artemis Investment Management LLP bought a new stake in shares of Mirion Technologies in the fourth quarter valued at $38,155,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Price Performance

Mirion Technologies stock opened at $14.44 on Monday. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.81. The business has a 50-day simple moving average of $15.86 and a 200 day simple moving average of $14.84. 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 stock has a market cap of $3.36 billion, a price-to-earnings ratio of -75.99 and a beta of 0.74.

Mirion Technologies (NYSE:MIR) last posted its earnings results 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 4.78% and a negative net margin of 4.21%. On average, research analysts forecast that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Citigroup boosted their target price on Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Baird R W upgraded Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. The Goldman Sachs Group lifted their price target on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Robert W. Baird assumed coverage on Mirion Technologies in a research report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target for the company. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Mirion Technologies currently has an average 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.