Crossmark Global Holdings Inc. Purchases Shares of 20484 Iron Mountain Incorporated (IRM)

Recently, analysts have updated the overall rating to 2.2. Recently, investment analysts covering the stock have updated the mean rating to 2.5.

Iron Mountain (NYSE:IRM) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. The business had revenue of $966.00 million during the quarter, compared to analysts' expectations of $960.99 million. Iron Mountain had a return on equity of 26.91% and a net margin of 2.51%. The firm's revenue for the quarter was up 2.4% compared to the same quarter a year ago. Stifel Nicolaus upgraded the shares of IRM in report on Monday, April 18 to "Buy" rating. Zacks Investment Research lowered Iron Mountain from a "hold" rating to a "sell" rating in a report on Friday, October 27th. Evercore ISI started coverage on Iron Mountain in a research report on Wednesday, October 18th. They issued an outperform rating and a $46.00 target price on the stock. Stifel Nicolaus restated a "buy" rating and set a $43.00 price target (up previously from $40.00) on shares of Iron Mountain in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. The stock now has a consensus rating of "Buy" and an average target price of $41.20. Credit Agricole S A has invested 0.02% of its portfolio in Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM). The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.59. The company has market cap of $1.04 billion. Iron Mountain has a 1-year low of $30.75 and a 1-year high of $41.17. Shareholders of record on Thursday, December 15th will be paid a dividend of 0.55 per share on Friday, December 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date of this dividend is Thursday, December 14th. After $0.55 actual EPS reported by Iron Mountain Incorporated (Delaware) REIT for the previous quarter, Wall Street now forecasts 3.64% EPS growth. Iron Mountain's payout ratio is now 275.00%.

In other Iron Mountain news, Director Walter C. Rakowich sold 1,466 shares of Iron Mountain stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $39.04, for a total value of $914,629.12. Also, VP Patrick J. Keddy sold 23,428 shares of the business's stock in a transaction on Wednesday, October 11th. The total value of its holdings increased 14.1%. Following the transaction, the vice president now owns 8,679 shares in the company, valued at approximately $352,367.40. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Canadian Imperial Bank of Commerce (CM) Shares Bought by Jarislowsky Fraser Ltd
The stock of Canadian Imperial Bank of Commerce (TSE:CM) has "Buy" rating given on Thursday, October 15 by Beaufort Securities. Dimensional Fund Advisors LP increased its stake in Canadian Imperial Bank of Commerce by 494.2% during the second quarter.

With 1.26M avg volume, 17 days are for Iron Mountain Incorporated (NYSE:IRM)'s short sellers to cover IRM's short positions. BlackRock Fund Advisors now owns 5,139,632 shares of the company's stock worth $204,712,000 after buying an additional 1,105,869 shares in the last quarter. Short interest fell from 22,086,211 to 21,144,835 over that period. Rehmann Capital Advisory Group acquired a new position in shares of Iron Mountain during the 3rd quarter worth about $213,000. Sun Life Financial invested in 11,007 shares or 0.04% of the stock. Pacer Advisors Inc. boosted its position in Iron Mountain by 8.8% during the 2nd quarter. Its stake was valued at $140,460,000 an increase of $19,155,000 according to the filing. Zacks Investment Research raised shares of Iron Mountain from a "sell" rating to a "hold" rating in a research note on Thursday, November 2nd. Penserra Capital Management LLC now owns 6,019 shares of the financial services provider's stock worth $206,000 after acquiring an additional 422 shares during the period. Hedge funds and other institutional investors own 87.58% of the company's stock.

COPYRIGHT VIOLATION WARNING: This news story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and global copyright and trademark law.

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.

Noticias recomendadas

  • Alliancebernstein LP Modifies Its Investment in Estee Lauder Companies (EL)

    The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . DA Davidson started coverage on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, September 20th.

    MGM Resorts International (MGM) Receiving Somewhat Positive Media Coverage, Study Finds

    The firm has a market cap of $18,614.63, a PE ratio of 29.10, a price-to-earnings-growth ratio of 7.47 and a beta of 1.42. Equity analyst Morgan Stanley updated its forecast on MGM stating a rating of "Buy" and setting a price target of $34.00.

    Analyst Earnings Estimates Review: The PNC Financial Services Group, Inc. (PNC)

    HL Financial Services LLC boosted its stake in shares of PNC Financial Services Group, Inc. (The) by 12.5% in the second quarter. This represents a $3.00 dividend on an annualized basis and a yield of 2.27%. (The)'s dividend payout ratio is now 36.63%.
  • Eicher Motors Q2 earnings miss estimates; profit, revenue jump 23%

    Eicher Motors Q2 earnings miss estimates; profit, revenue jump 23%

    Domestic motorcycle and commercial vehicles posted volume growth of 21.7% and 12.4% respectively over the previous quarter. Eicher Motors reported its highest ever net income from operations at Rs 2,167 Cr for Q2FY18, an increase of 23.5% YoY.
    Park City Mountain Pushes Back Opening to Thanksgiving

    Park City Mountain Pushes Back Opening to Thanksgiving

    Q13 Chief Meteorologist Walter Kelley said 50 inches of snow could accumulate at the ski resorts by the end of the week. The Discovery, Chinook Express and Forest Queen Express lifts will run from 9 a.m.to 4 p.m.
    Credit Card Breach Reported At Some Forever 21 Stores

    Credit Card Breach Reported At Some Forever 21 Stores

    The company said its investigation is focused on card transactions in Forever 21 stores from March through October. If you see an unauthorized charge on your payment card statements, you should immediately notify your bank.
  • Kate Middleton admits that Prince William struggled to adjust into parenthood

    Kate Middleton admits that Prince William struggled to adjust into parenthood

    Kate Middleton's uncle, Gary Goldsmith, admitted to physically assaulting his wife, Julie-Ann Goldsmith, on the 14th of November. During this time, the uncle of Kate Middleton seemed "panicked" and was " back-and-forth in the house trying to make it fit ".

    Bank of Montreal (BMO) EPS Estimated At $2.02

    Finally, Legal & General Group Plc increased its position in shares of Bank Of Montreal by 2.3% in the second quarter. The value of the investment in (BMO) went from $46,574,000 to $54,676,000 a change of 17.4% quarter to quarter.
    Kerala Baahubali tries an Elephant Stunt, gets flung up in the air

    Kerala Baahubali tries an Elephant Stunt, gets flung up in the air

    The incident happened in Peringassery in the hilly district of Idukki in Kerala and was broadcast live on the victim's Facebook. As the elephant finishes all the fruits in his hand, the animal puts forth its trunk, in a gesture asking for more bananas.
  • Empleados públicos inician movilización y Confusam está en paro por 48 horas

    Empleados públicos inician movilización y Confusam está en paro por 48 horas

    Tras la jornada de movilización, Eyzaguirre subió su oferta a un 2% de reajuste nominal, cifra que para la MSP es insuficiente. Las acciones se vinculan al rechazo que los sindicatos del sector muestran frente a la última oferta salarial del Gobierno.

    Short Interest in Apple Inc. (AAPL) Drops By 10.0%

    Clark Estates Inc increased Donnelley Finl Solutions Inc stake by 120,533 shares to 288,883 valued at $6.63 million in 2017Q2. It worsened, as 68 investors sold MCD shares while 616 reduced holdings. 33 funds opened positions while 37 raised stakes.
    Trece diputados forman grupo parlamentario

    Trece diputados forman grupo parlamentario

    Seáló que esa fracción "no aceptará pactos de ningún tipo con este régimen que se haga de espalda al pueblo venezolano".

Nos complace brindar esta oportunidad para compartir información, experiencias y observaciones sobre lo que está en las noticias.
Algunos de los comentarios se pueden reimprimir en otras partes del sitio o en el periódico.
Gracias por tomarse el tiempo para ofrecer sus pensamientos.