162,000 Shares in Mirion Technologies, Inc. (NYSE:MIR) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new position in Mirion Technologies, Inc. (NYSE:MIR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 162,000 shares of the company’s stock, valued at approximately $2,827,000.

Several other hedge funds have also modified their holdings of the company. Handelsbanken Fonder AB raised its holdings in shares of Mirion Technologies by 10.5% during the 4th quarter. Handelsbanken Fonder AB now owns 61,031 shares of the company’s stock worth $1,065,000 after acquiring an additional 5,800 shares in the last quarter. Rhumbline Advisers grew its position in Mirion Technologies by 2.7% in the 4th quarter. Rhumbline Advisers now owns 318,467 shares of the company’s stock valued at $5,557,000 after acquiring an additional 8,288 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Mirion Technologies by 1,532.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 520,692 shares of the company’s stock worth $8,810,000 after buying an additional 488,790 shares during the period. Longboard Asset Management LP purchased a new stake in shares of Mirion Technologies in the 4th quarter worth $202,000. Finally, Jennison Associates LLC lifted its holdings in shares of Mirion Technologies by 10.5% in the 4th quarter. Jennison Associates LLC now owns 514,314 shares of the company’s stock worth $8,975,000 after buying an additional 48,761 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.

Mirion Technologies Stock Down 4.9 %

Mirion Technologies stock opened at $15.84 on Friday. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of -83.34 and a beta of 0.73. Mirion Technologies, Inc. has a 52 week low of $9.11 and a 52 week high of $18.81. The business’s 50-day moving average price is $16.81 and its 200 day moving average price is $14.31. 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 (NYSE:MIR) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, beating 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%. As a group, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MIR shares. Citigroup upped their price objective on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Robert W. Baird initiated coverage on Mirion Technologies in a research note on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target for the company. Baird R W raised Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Finally, The Goldman Sachs Group increased their price objective on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, December 12th. 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 MarketBeat, the stock presently 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.