November 16, 2016 - By Nellie Frank · 0 Comments
Iron Mountain Inc (NYSE:IRM) institutional sentiment increased to 2.8 in 2016 Q2. Its up 1.80, from 1 in 2016Q1. The ratio has increased, as 238 active investment managers opened new and increased positions, while 85 sold and decreased equity positions in Iron Mountain Inc. The active investment managers in our partner’s database now possess: 207.44 million shares, up from 196.82 million shares in 2016Q1. Also, the number of active investment managers holding Iron Mountain Inc in their top 10 positions was flat from 9 to 9 for the same number . Sold All: 26 Reduced: 59 Increased: 171 New Position: 67.
Iron Mountain Inc. is a holding company, which stores records, primarily physical records and data backup media, and provides information management services. The company has a market cap of $8.42 billion. The Firm operates through five divisions: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business and Corporate and Other Business. It has a 114.82 P/E ratio. The Firm offers records and information management services, and data management services.
About 387,834 shares traded hands. Iron Mountain Inc (NYSE:IRM) has declined 4.36% since April 14, 2016 and is downtrending. It has underperformed by 9.04% the S&P500.
According to Zacks Investment Research, “Iron Mountain Incorporated is one of the world’s largest records and information management services company. The company is an international, full-service provider of records and information management and related services, enabling customers to outsource records management functions. Iron Mountain has a diversified customer base, which includes more than half of the Fortune 500 and numerous commercial, legal, banking, healthcare, accounting, insurance, entertainment and government organizations.”
Schooner Capital Corp holds 100% of its portfolio in Iron Mountain Inc for 5.99 million shares. Makaira Partners Llc owns 2.46 million shares or 14.33% of their US portfolio. Moreover, Marble Harbor Investment Counsel Llc has 3.32% invested in the company for 335,698 shares. The California-based Parnassus Investments Ca has invested 2.83% in the stock. Fernwood Investment Management Llc, a Massachusetts-based fund reported 66,241 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 12 sales for $23.17 million net activity.
Ratings analysis reveals 50% of Iron Mountain Incorporated’s analysts are positive. Out of 2 Wall Street analysts rating Iron Mountain Incorporated, 1 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. IRM was included in 2 notes of analysts from October 9, 2015. The stock of Iron Mountain Inc (NYSE:IRM) earned “Buy” rating by Stifel Nicolaus on Monday, April 18.
Iron Mountain Incorporated, incorporated on June 26, 2014, is a holding company, which stores records, primarily physical records and data backup media, and provides information management services in various locations throughout North America, Europe, Latin America and Asia Pacific. The Firm operates through five divisions: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business and Corporate and Other Business. The Firm offers records and information management services, and data management services. The Firm provides storage and information management services to legal, financial, healthcare, insurance, life sciences, energy, businesses services and government organizations.
More notable recent Iron Mountain Inc (NYSE:IRM) news were published by: Forbes.com which released: “Iron Mountain Becomes Oversold” on November 11, 2016, also Masslive.com with their article: “Boston’s Iron Mountain Inc. storing, digitizing old MTV archives” published on August 01, 2016, Forbes.com published: “Ex-Dividend Reminder: Waste Management, Iron Mountain and ITT” on September 06, 2016. More interesting news about Iron Mountain Inc (NYSE:IRM) were released by: Forbes.com and their article: “Iron Mountain Enters Oversold Territory” published on October 06, 2016 as well as Bostonglobe.com‘s news article titled: “Iron Mountain returns to cloud storage, with EMC as a partner” with publication date: May 29, 2016.
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By Nellie Frank