Jennison Associates LLC Buys 48,761 Shares of Mirion Technologies, Inc. (NYSE:MIR)

Jennison Associates LLC increased its position in Mirion Technologies, Inc. (NYSE:MIR) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 514,314 shares of the company’s stock after purchasing an additional 48,761 shares during the quarter. Jennison Associates LLC owned approximately 0.22% of Mirion Technologies worth $8,975,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Artemis Investment Management LLP bought a new position in shares of Mirion Technologies during the 4th quarter worth $38,155,000. Corsair Capital Management L.P. lifted its stake in 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 worth $34,991,000 after acquiring an additional 1,441,846 shares during the period. Millennium Management LLC grew its holdings in Mirion Technologies by 509.8% during the 2nd quarter. Millennium Management LLC now owns 533,534 shares of the company’s stock worth $5,730,000 after acquiring an additional 446,034 shares in the last quarter. Telemark Asset Management LLC purchased a new position in Mirion Technologies during the 3rd quarter valued at about $4,428,000. Finally, Roubaix Capital LLC bought a new stake in shares of Mirion Technologies in the 3rd quarter valued at about $4,263,000. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MIR has been the topic of a number of recent research reports. Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a report on Thursday, December 19th. Robert W. Baird began coverage on Mirion Technologies in a report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target on the stock. The Goldman Sachs Group upped their price objective on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Citigroup lifted 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. Three equities 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.com, the company currently has a consensus rating of “Buy” and a consensus price target of $19.25.

Mirion Technologies Stock Performance

Shares of MIR stock opened at $16.07 on Thursday. Mirion Technologies, Inc. has a 12-month low of $9.11 and a 12-month high of $18.81. The business’s fifty day simple moving average is $17.03 and its 200-day simple moving average is $13.88. 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 company has a market cap of $3.73 billion, a PE ratio of -47.25 and a beta of 0.73.

Mirion Technologies Company 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.