Tredje AP fonden Has $1,300,000 Position in Iron Mountain Incorporated (Delaware) REIT (IRM)

Tredje AP fonden increased its stake in shares of Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) by 36.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 40,017 shares of the company’s stock after buying an additional 10,677 shares during the period. Tredje AP fonden’s holdings in Iron Mountain Incorporated (Delaware) REIT were worth $1,300,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Capital World Investors raised its stake in Iron Mountain Incorporated (Delaware) REIT by 9.9% in the third quarter. Capital World Investors now owns 25,856,780 shares of the company’s stock valued at $970,405,000 after buying an additional 2,334,095 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Iron Mountain Incorporated (Delaware) REIT by 7,263.1% in the third quarter. Neuberger Berman Group LLC now owns 995,717 shares of the company’s stock valued at $37,369,000 after buying an additional 982,194 shares in the last quarter. Resolution Capital Ltd raised its stake in Iron Mountain Incorporated (Delaware) REIT by 220.3% in the third quarter. Resolution Capital Ltd now owns 1,271,018 shares of the company’s stock valued at $47,701,000 after buying an additional 874,144 shares in the last quarter. Uniplan Investment Counsel Inc. raised its stake in Iron Mountain Incorporated (Delaware) REIT by 44.0% in the third quarter. Uniplan Investment Counsel Inc. now owns 1,832,891 shares of the company’s stock valued at $68,788,000 after buying an additional 560,335 shares in the last quarter. Finally, Macquarie Group Ltd. raised its stake in Iron Mountain Incorporated (Delaware) REIT by 10,048.4% in the second quarter. Macquarie Group Ltd. now owns 397,208 shares of the company’s stock valued at $15,821,000 after buying an additional 393,294 shares in the last quarter. Institutional investors own 80.74% of the company’s stock.

Institutional Ownership by Quarter for Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM)

Shares of Iron Mountain Incorporated (NYSE:IRM) traded up 0.41% on Friday, hitting $37.15. The stock had a trading volume of 241,671 shares. The firm has a market capitalization of $9.79 billion, a P/E ratio of 140.72 and a beta of 0.95. The company has a 50 day moving average of $35.14 and a 200-day moving average of $35.14. Iron Mountain Incorporated has a 12-month low of $28.57 and a 12-month high of $41.50.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Investors of record on Wednesday, March 15th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 5.95%. Iron Mountain Incorporated (Delaware) REIT’s dividend payout ratio (DPR) is currently 733.33%.

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Separately, Zacks Investment Research upgraded Iron Mountain Incorporated (Delaware) REIT from a “strong sell” rating to a “strong-buy” rating and set a $37.00 price objective on the stock in a research note on Tuesday, January 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $43.25.

In related news, CEO William L. Meaney sold 5,664 shares of the firm’s stock in a transaction dated Tuesday, January 10th. The shares were sold at an average price of $32.82, for a total value of $185,892.48. Following the completion of the sale, the chief executive officer now directly owns 54,026 shares in the company, valued at approximately $1,773,133.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Neil Chatfield sold 954 shares of the firm’s stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $32.74, for a total transaction of $31,233.96. The disclosure for this sale can be found here. Insiders sold a total of 14,303 shares of company stock valued at $505,314 over the last quarter. 1.80% of the stock is currently owned by company insiders.

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.

5 Day Chart for NYSE:IRM

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