Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) EVP John Tomovcsik sold 21,037 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $40.02, for a total transaction of $841,900.74. Following the transaction, the executive vice president now directly owns 62,379 shares in the company, valued at $2,496,407.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

John Tomovcsik also recently made the following trade(s):

  • On Wednesday, August 9th, John Tomovcsik sold 29,450 shares of Iron Mountain Incorporated (Delaware) REIT stock. The stock was sold at an average price of $38.00, for a total transaction of $1,119,100.00.

Shares of Iron Mountain Incorporated (NYSE:IRM) traded down 0.59% during midday trading on Tuesday, hitting $40.14. The stock had a trading volume of 1,055,794 shares. The firm has a market capitalization of $10.61 billion, a PE ratio of 55.06 and a beta of 0.92. The company’s 50 day moving average price is $37.71 and its 200-day moving average price is $35.66. Iron Mountain Incorporated has a 1-year low of $30.75 and a 1-year high of $40.44.

Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) last issued its earnings results on Friday, July 28th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. The company had revenue of $950.00 million for the quarter, compared to analysts’ expectations of $955.05 million. Iron Mountain Incorporated (Delaware) REIT had a net margin of 5.14% and a return on equity of 14.46%. Iron Mountain Incorporated (Delaware) REIT’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. Equities analysts predict that Iron Mountain Incorporated will post $1.18 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.48%. Iron Mountain Incorporated (Delaware) REIT’s payout ratio is 297.30%.

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Several equities analysts have commented on IRM shares. BidaskClub raised shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Zacks Investment Research downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 27th. Stifel Nicolaus reissued a “buy” rating and set a $40.00 target price on shares of Iron Mountain Incorporated (Delaware) REIT in a research report on Friday, June 9th. Deutsche Bank AG downgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating and lowered their target price for the stock from $41.00 to $30.00 in a research report on Wednesday, June 7th. Finally, Robert W. Baird set a $39.00 target price on shares of Iron Mountain Incorporated (Delaware) REIT and gave the stock a “hold” rating in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $36.50.

Several hedge funds have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 0.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,249 shares of the financial services provider’s stock valued at $627,000 after purchasing an additional 56 shares during the period. Anchor Capital Advisors LLC raised its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 0.9% in the 1st quarter. Anchor Capital Advisors LLC now owns 11,610 shares of the financial services provider’s stock valued at $414,000 after purchasing an additional 100 shares during the period. Louisiana State Employees Retirement System raised its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,200 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 100 shares during the period. Trust Investment Advisors raised its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 0.3% in the 2nd quarter. Trust Investment Advisors now owns 37,090 shares of the financial services provider’s stock valued at $1,274,000 after purchasing an additional 115 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in shares of Iron Mountain Incorporated (Delaware) REIT by 3.4% in the 1st quarter. Pacer Advisors Inc. now owns 3,663 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 121 shares during the period. 87.48% of the stock is currently owned by institutional investors.

Iron Mountain Incorporated (Delaware) REIT Company Profile

Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. The Company offers records management services, data protection and recovery services and information destruction services. Its information management services are divided into three categories: records management services, data protection and recovery services, and information destruction services.

Insider Buying and Selling by Quarter for Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM)

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