Northeast Investment Management Has $253000 Stake in Iron Mountain Incorporated (IRM)

Finally, Conning Inc. bought a new position in shares of Iron Mountain during the first quarter valued at $202,000. The value of the investment in (IRM) went from $5,672,000 to $2,763,000 a change of $2,909,000 for the reporting period. Forsta AP Fonden boosted its stake in Iron Mountain by 167.2% in the second quarter. As of quarter end Bank Of Nova Scotia had sold a total of 20,021 shares trimming its holdings by 28.8%. Louisiana State Employees Retirement System boosted its stake in Iron Mountain by 0.7% in the second quarter. The Trust Investment Advisors holds 27,675 shares with $899,000 value, down from 37,175 last quarter. About shares traded. Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) has declined 3.72% since August 18, 2016 and is downtrending. Webster Bank N.A. now owns 31,661 shares of the financial services provider's stock valued at $1,088,000 after buying an additional 11,548 shares in the last quarter. Analysts expect next quarter's EPS will be $0.35 and the next full year EPS is projected to be $1.40. Rockefeller Financial Services Inc. now owns 473,405 shares of the financial services provider's stock worth $16,266,000 after buying an additional 19,359 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Iron Mountain by 180.0% in the first quarter. Louisiana State Employees Retirement System now owns 15,200 shares of the financial services provider's stock worth $522,000 after buying an additional 100 shares during the last quarter.

Let's have a look at some of the important valuation ratios of the Iron Mountain Incorporated (IRM). Evercore Wealth Management Limited Liability Company accumulated 218 shares. The share price has moved backward from its 20 days moving average, trading at a distance of -7.2% and stays -5.96% away from its 50 days moving average. It is negative, as 48 investors sold Iron Mountain Incorporated (Delaware) REIT shares while 99 reduced holdings.

Iron Mountain (NYSE:IRM) last released its quarterly earnings results on Friday, July 28th. As of the latest earnings report the EPS was $0.73 and is estimated to be $1.18 for the current year with 264,390,000 shares now outstanding. The firm had revenue of $950 million during the quarter, compared to the consensus estimate of $955.05 million.

In the market the company is trading up since yesterday's close of $37.385. The 50 day moving average was up $1.58 and the 200 day average was up $1.71.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Piedmont Invest Advsrs Lc reported 699 shares or 0% of all its holdings. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.87%. The ex-dividend date will be Tuesday the 13th of June 2017.

Iron Mountain Incorporated (IRM) now has P/E (Price to Earnings) ratio of 51.33 while the company's industry has 32.08 P/E and the sector P/E is 20.21.

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IRM has been the subject of a number of research reports. BidaskClub upgraded Iron Mountain from a "sell" rating to a "hold" rating in a research report on Wednesday, June 28th. Finally, Stifel Nicolaus restated a "buy" rating and set a $40.00 target price on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock now has an average rating of "Hold" and an average target price of $35.67.

In other Iron Mountain news, EVP John Tomovcsik sold 29,450 shares of Iron Mountain stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $35.14, for a total transaction of $73,794.00. Manufacturers Life Insurance Company, The owns 58,287 shares worth $2,003,000. Also, Director Walter C. Rakowich sold 1,552 shares of the firm's stock in a transaction on Tuesday, May 30th. The total value of its holdings decreased 10.3%. Tower Cap Limited Liability Company (Trc) owns 2,269 shares. Eileen Sweeney, SVP and GM, Data Management disclosed the sale of 2,100 shares of IRM stock. The Company operates through five segments: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business, and Corporate and Other Business. The Company offers records management services, data protection and recovery services and information destruction services.