Arrowstreet Capital Limited Partnership Has $73.55 Million Holdings in Mirion Technologies, Inc. (NYSE:MIR)

Arrowstreet Capital Limited Partnership raised its holdings in Mirion Technologies, Inc. (NYSE:MIR) by 29,948.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,214,921 shares of the company’s stock after buying an additional 4,200,894 shares during the period. Arrowstreet Capital Limited Partnership owned about 1.81% of Mirion Technologies worth $73,550,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Mirion Technologies in the 3rd quarter valued at $281,000. Intech Investment Management LLC bought a new position in shares of Mirion Technologies in the third quarter valued at about $583,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Mirion Technologies by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,559,576 shares of the company’s stock worth $17,265,000 after buying an additional 38,474 shares during the last quarter. FMR LLC grew its stake in Mirion Technologies by 258.4% in the 3rd quarter. FMR LLC now owns 17,957 shares of the company’s stock valued at $199,000 after buying an additional 12,947 shares during the last quarter. Finally, Paloma Partners Management Co bought a new position in Mirion Technologies in the 3rd quarter valued at about $122,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Price Performance

Shares of NYSE:MIR opened at $14.51 on Tuesday. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $3.37 billion, a PE ratio of -76.36 and a beta of 0.74. The firm has a 50 day moving average of $15.54 and a 200-day moving average of $15.22. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share 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, equities research analysts predict that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

MIR has been the topic of several research reports. The Goldman Sachs Group upped their target price on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup boosted their price objective 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. Robert W. Baird assumed coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They set an “outperform” rating and a $22.00 target price on the stock. Finally, Baird R W raised Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. 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 MarketBeat.com, Mirion Technologies presently has a consensus rating of “Buy” and an average price target of $19.25.

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.