PNC Financial Services Group Inc. Sells 8,329 Shares of Mirion Technologies, Inc. (NYSE:MIR)

PNC Financial Services Group Inc. reduced its position in shares of Mirion Technologies, Inc. (NYSE:MIR) by 24.2% in the fourth quarter, HoldingsChannel reports. The firm owned 26,133 shares of the company’s stock after selling 8,329 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Mirion Technologies were worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in MIR. Artemis Investment Management LLP bought a new stake in shares of Mirion Technologies during the 4th quarter valued at about $38,155,000. Corsair Capital Management L.P. grew its stake in shares of 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 period. Raymond James Financial Inc. bought a new stake in shares of Mirion Technologies during the 4th quarter valued at about $17,164,000. Allspring Global Investments Holdings LLC grew its stake in shares of Mirion Technologies by 1,532.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock valued at $8,810,000 after purchasing an additional 488,790 shares during the period. Finally, Telemark Asset Management LLC bought a new stake in shares of Mirion Technologies during the 3rd quarter valued at about $4,428,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Stock Up 1.6 %

NYSE MIR opened at $14.97 on Thursday. The stock’s 50 day moving average is $15.73 and its 200 day moving average is $14.90. 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 12 month low of $9.11 and a 12 month high of $18.81. The stock has a market cap of $3.48 billion, a PE ratio of -78.76 and a beta of 0.74.

Mirion Technologies (NYSE:MIR) last posted 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%. Research analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MIR has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Baird R W upgraded Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. Robert W. Baird initiated coverage on Mirion Technologies in a research note on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective for the company. Finally, Citigroup boosted their price objective on Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average 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.