IHT Wealth Administration LLC raised its stake in shares of Iron Mountain Included (NYSE:IRM – Get Score ) by 70.8% throughout the third quarter, in line with its most up-to-date Type 13F submitting with the SEC. The fund owned 7,031 shares of the monetary companies supplier’s inventory after buying an extra 2,914 shares throughout the interval. IHT Wealth Administration LLC’s holdings in Iron Mountain had been value $309,000 as of its most up-to-date SEC submitting.
Financial institution accounts: frozen! (From Weiss Scores)
Different massive traders have additionally modified their holdings of the corporate. B. Riley Wealth Advisors Inc. raised its stake in Iron Mountain by 9.8% throughout the third quarter. B. Riley Wealth Advisors Inc. now owns 73,094 shares of the monetary companies supplier’s inventory valued at $3,215,000 after buying an extra 6,497 shares throughout the interval. Trainer Retirement System of The State of Kentucky acquired a brand new stake in Iron Mountain throughout the third quarter valued at about $1,171,000. Sunbelt Securities Inc. acquired a brand new stake in Iron Mountain throughout the third quarter value about $244,000. CENTRAL TRUST Co grew its stake in Iron Mountain by 45.2% throughout the third quarter. CENTRAL TRUST Co now owns 1,605 shares of the monetary companies supplier’s inventory valued at $71,000 after buying an extra 500 shares throughout the interval. Lastly, Glenmede Belief Co. NA grew its stake in Iron Mountain by 15.3% throughout the third quarter. Now Glenmede Belief Co. NA now owns 6,382 shares of the monetary companies supplier’s inventory valued at $280,000 after buying an extra 847 shares throughout the interval. Institutional traders personal 77.12% of the corporate’s shares.
Insider shopping for and promoting
In associated information, CEO William L. Meany offered 10,507 shares of the agency’s inventory in a transaction that occurred on Wednesday, December twenty first. The shares had been traded at a median worth of $50.63, for a complete of $531,969.41. Following the completion of the sale, the chief government officer now instantly owns 295,650 shares within the firm, valued at $14,968,759.50. The sale was disclosed in a authorized submitting with the Securities and Change Fee, which is obtainable at this hyperlink. In associated information, EVP Deborah Marson offered 1,125 shares of the agency’s inventory in a transaction that occurred on Friday, February twenty fourth. Shares had been offered at a median worth of $51.77 for a complete worth of $58,241.25. Following the completion of the transaction, the manager vp now owns 59,419 shares within the firm, valued at roughly $3,076,121.63. The transaction was disclosed in a doc filed with the Securities and Change Fee, which is obtainable on the SEC’s web site. Additionally, CEO William L. Meany offered 10,507 shares of the agency’s inventory in a transaction that occurred on Wednesday, December twenty first. The shares had been offered at a median worth of $50.63, for a complete transaction amounting to $531,969.41. Following the completion of the transaction, the chief government officer now instantly owns 295,650 shares within the firm, valued at roughly $14,968,759.50. Disclosures for this sale may be discovered right here. Insiders have offered 105,059 shares of firm inventory value $5,502,935 during the last ninety days. Company insiders personal 2.10% of the corporate’s shares.
Iron Mountain’s worth efficiency
NYSE IRM opened at $51.08 on Tuesday. Iron Mountain Included has a 12 month low of $43.33 and a 12 month excessive of $58.61. The corporate has a debt-to-equity ratio of 16.46, a present ratio of 0.81, and a fast ratio of 0.81. The corporate has a market cap of $14.86 billion, a PE ratio of 26.88, a P/E/G ratio of three.45 and a beta of 0.89. The 50 day easy shifting common is $52.92 and the 200 day easy shifting common is $51.37.
Iron Mountain (NYSE:IRM – Get Score ) final posted its quarterly earnings information on Thursday, February twenty third. The monetary companies supplier reported $0.43 EPS for the quarter, lacking analysts’ consensus estimates of $0.89 by ($0.46). The corporate reported income of $1.28 billion for the quarter, in comparison with analysts’ estimates of $1.32 billion. Iron Mountain had a web margin of 10.91% and a return on fairness of 79.49%. Iron Mountain’s income was up 10.3% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the enterprise earned $0.74 per share. As a gaggle of equities analysis analysts forecast that Iron Mountain Included will put up 3.64 earnings per share for the present fiscal yr.
Iron Mountain is growing its dividend
The agency additionally just lately declared a quarterly dividend, which will likely be paid on Wednesday, April fifth. Traders of file on Wednesday, March fifteenth will likely be paid a dividend of $0.6185 per share. That is $2.47 in annualized dividends and a yield of 4.84%. This is a rise from Iron Mountain’s earlier quarterly dividend of $0.62. The ex-dividend date of this dividend is Tuesday, March 14th. Iron Mountain’s dividend payout ratio (DPR) is at the moment 130.00%.
Analysts set new worth targets
A number of equities analysis analysts have just lately weighed in on the inventory. BNP Paribas assumed protection on shares of Iron Mountain in a analysis word on Wednesday, December 14th. They set an “outperform” score and a $66.00 goal worth on the inventory. Barclays lowered their worth goal on shares of Iron Mountain from $57.00 to $56.00 in a analysis word on Monday. StockNews.com assumed protection on shares of Iron Mountain in a analysis word on Thursday, March sixteenth. They issued a “maintain” score on the inventory. Exane BNP Paribas assumed protection on shares of Iron Mountain in a analysis word on Wednesday, December 14th. They issued an “outperform” score on the inventory. Lastly, Royal Financial institution of Canada reaffirmed a “sector carry out” score and issued a $58.00 goal worth on shares of Iron Mountain in a analysis word on Monday, March sixth. Two analysis analysts have rated the inventory with a maintain score and 4 have assigned a purchase score to the corporate. The corporate at the moment has a consensus score of “Average Purchase” and a median goal worth of $60.40, in line with MarketBeat.com.
Concerning the iron mountain
(Get Score)
Iron Mountain, Inc. is a supplier of information storage and knowledge administration options. It operates by means of the next enterprise segments: North American Doc & Info Administration Enterprise, North American Knowledge Administration Enterprise, Western European Enterprise, Different Worldwide Enterprise, International Knowledge Middle Enterprise, and Enterprise & Different Enterprise.
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This on the spot information alert is powered by MarketBeat’s narrative science expertise and monetary information to supply readers with the quickest and most correct stories. This story was reviewed by MarketBeat editorial employees previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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