PNC Monetary Companies Group Inc. elevated its stake in shares of Iron Mountain Included (NYSE:IRM – Free Report) by 2.8% within the third quarter, in line with the corporate in its most up-to-date Kind 13F submitting with the SEC. The agency owned 53,877 shares of the monetary providers supplier’s inventory after buying an extra 1,446 shares in the course of the quarter. PNC Monetary Companies Group Inc.’s holdings in Iron Mountain have been price $6,402,000 as of its most up-to-date submitting with the SEC.
A variety of different institutional traders and hedge funds have additionally not too long ago added to or decreased their stakes in IRM. Friedenthal Monetary bought a brand new stake in shares of Iron Mountain in the course of the third quarter price about $824,000. Value T Rowe Associates Inc. MD lifted its stake in Iron Mountain by 22.9% within the first quarter. Value T Rowe Associates Inc. MD now owns 592,773 shares of the monetary providers supplier’s inventory valued at $47,547,000 after buying an extra 110,551 shares over the past quarter. Hennion & Walsh Asset Administration Inc. grew its place in Iron Mountain by 19.8% within the second quarter. Hennion & Walsh Asset Administration Inc. now owns 75,809 shares of the monetary providers supplier’s inventory price $6,794,000 after buying an extra 12,540 shares within the final quarter. Brookstone Capital Administration elevated its stake in shares of Iron Mountain by 13.2% in the course of the 2nd quarter. Brookstone Capital Administration now owns 98,425 shares of the monetary providers supplier’s inventory price $9,766,000 after buying an extra 11,454 shares over the past quarter. Lastly, Oppenheimer & Co. Inc. raised its holdings in shares of Iron Mountain by 36.1% in the course of the third quarter. Oppenheimer & Co. Inc. now owns 19,192 shares of the monetary providers supplier’s inventory valued at $2,281,000 after buying an extra 5,086 shares within the final quarter. 80.13% of the inventory is owned by hedge funds and different institutional traders.
Analyst Rankings Adjustments
A variety of equities analysis analysts not too long ago issued reviews on IRM shares. JPMorgan Chase & Co. upped their worth goal on shares of Iron Mountain from $82.00 to $121.00 and gave the inventory an “chubby” ranking in a report on Friday, August 2nd. The Goldman Sachs Group elevated their worth goal on Iron Mountain from $106.00 to $120.00 and gave the corporate a “purchase” ranking in a report on Friday, August 2nd. Wells Fargo & Firm boosted their goal worth on Iron Mountain from $120.00 to $135.00 and gave the inventory an “chubby” ranking in a report on Thursday, October seventeenth. Stifel Nicolaus elevated their worth goal on Iron Mountain from $117.00 to $140.00 and gave the corporate a “purchase” ranking in a report on Monday, September twenty third. Lastly, Barclays decreased their worth goal on shares of Iron Mountain from $133.00 to $131.00 and set an “chubby” ranking for the corporate in a analysis be aware on Monday, November 18th. 5 analysts have rated the inventory with a purchase ranking and one has given a powerful purchase ranking to the inventory. Primarily based on knowledge from MarketBeat.com, the corporate has a mean ranking of “Purchase” and a mean goal worth of $129.40.
Get Our Newest Inventory Report on Iron Mountain
Insider Exercise at Iron Mountain
In different Iron Mountain information, CEO William L. Meaney bought 15,875 shares of the corporate’s inventory in a transaction that occurred on Monday, November eleventh. The inventory was bought at a mean worth of $118.97, for a complete worth of $1,888,648.75. Following the completion of the transaction, the chief govt officer now owns 295,650 shares of the corporate’s inventory, valued at $35,173,480.50. This represents a 5.10 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. Additionally, Director Wendy J. Murdock bought 8,500 shares of Iron Mountain inventory in a transaction that occurred on Tuesday, September seventeenth. The inventory was bought at a mean worth of $116.38, for a complete worth of $989,230.00. Following the sale, the director now instantly owns 14,829 shares within the firm, valued at $1,725,799.02. The commerce was a 36.44 % lower of their place. The disclosure for this sale could be discovered right here. Insiders bought a complete of 56,125 shares of firm inventory price $6,613,584 within the final ninety days. 2.10% of the inventory is presently owned by insiders.
Iron Mountain Inventory Efficiency
Shares of NYSE IRM opened at $119.10 on Friday. Iron Mountain Included has a 12 month low of $62.58 and a 12 month excessive of $130.24. The corporate has a market cap of $34.95 billion, a P/E ratio of 330.83, a P/E/G ratio of seven.11 and a beta of 0.99. The enterprise’s 50 day transferring common is $119.86 and its two-hundred day transferring common is $104.48. The corporate has a fast ratio of 0.75, a present ratio of 0.75 and a debt-to-equity ratio of 674.63.
Iron Mountain Declares Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which shall be paid on Tuesday, January seventh. Buyers of report on Monday, December sixteenth shall be given a dividend of $0.715 per share. This represents a $2.86 dividend on an annualized foundation and a yield of two.40%. The ex-dividend date of this dividend is Monday, December sixteenth. Iron Mountain’s dividend payout ratio (DPR) is presently 794.44%.
Iron Mountain Profile
Iron Mountain Included (NYSE: IRM) is a world chief in data administration providers. Based in 1951 and trusted by greater than 240,000 clients worldwide, Iron Mountain serves to guard and elevate the facility of our clients’ work. Via a spread of choices together with digital transformation, knowledge facilities, safe data storage, data administration, asset lifecycle administration, safe destruction and artwork storage and logistics, Iron Mountain helps companies carry gentle to their darkish knowledge, enabling clients to unlock worth and intelligence from their saved digital and bodily belongings at pace and with safety, whereas serving to them meet their environmental targets.
Featured Articles
Need to see what different hedge funds are holding IRM? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Iron Mountain Included (NYSE:IRM – Free Report).
Obtain Information & Rankings for Iron Mountain Each day – Enter your e mail handle beneath to obtain a concise every day abstract of the most recent information and analysts’ rankings for Iron Mountain and associated firms with MarketBeat.com’s FREE every day e mail publication.
