Epoch Investment Partners Inc. Has $236.20 Million Holdings in Iron Mountain Incorporated (Delaware) REIT (IRM)

Epoch Investment Partners Inc. lowered its position in Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,071,942 shares of the financial services provider’s stock after selling 130,987 shares during the quarter. Epoch Investment Partners Inc. owned about 2.27% of Iron Mountain Incorporated (Delaware) REIT worth $236,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Private Advisor Group LLC increased its stake in shares of Iron Mountain Incorporated (Delaware) REIT by 63.2% in the third quarter. Private Advisor Group LLC now owns 12,944 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 5,015 shares during the period. Stifel Financial Corp increased its stake in shares of Iron Mountain Incorporated (Delaware) REIT by 6.2% in the third quarter. Stifel Financial Corp now owns 325,625 shares of the financial services provider’s stock valued at $12,677,000 after purchasing an additional 18,876 shares during the period. OxFORD Asset Management LLP acquired a new position in shares of Iron Mountain Incorporated (Delaware) REIT during the third quarter valued at approximately $455,000. Commerzbank Aktiengesellschaft FI acquired a new position in shares of Iron Mountain Incorporated (Delaware) REIT during the third quarter valued at approximately $241,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Iron Mountain Incorporated (Delaware) REIT by 2.3% during the third quarter. Dimensional Fund Advisors LP now owns 3,610,830 shares of the financial services provider’s stock valued at $140,460,000 after acquiring an additional 80,395 shares during the period. Institutional investors own 88.84% of the company’s stock.

Iron Mountain Incorporated (NYSE IRM) traded up $0.16 during midday trading on Monday, hitting $40.91. 57,436 shares of the company were exchanged, compared to its average volume of 1,231,000. Iron Mountain Incorporated has a fifty-two week low of $31.39 and a fifty-two week high of $41.53. 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 firm has a market capitalization of $10,877.69, a price-to-earnings ratio of 19.59, a PEG ratio of 6.36 and a beta of 1.00.

Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.02. Iron Mountain Incorporated (Delaware) REIT had a net margin of 5.54% and a return on equity of 15.49%. The business had revenue of $966.00 million for the quarter, compared to analyst estimates of $960.99 million. During the same quarter last year, the business earned $0.44 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. analysts forecast that Iron Mountain Incorporated will post 2.14 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be given a $0.5875 dividend. This is a positive change from Iron Mountain Incorporated (Delaware) REIT’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $2.35 annualized dividend and a yield of 5.74%. Iron Mountain Incorporated (Delaware) REIT’s payout ratio is 275.00%.

A number of research firms recently commented on IRM. Zacks Investment Research lowered shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. ValuEngine upgraded shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Stifel Nicolaus reiterated a “buy” rating and set a $43.00 price objective (up previously from $40.00) on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Friday, October 20th. Robert W. Baird set a $39.00 price objective on shares of Iron Mountain Incorporated (Delaware) REIT and gave the company a “hold” rating in a research note on Friday, August 25th. Finally, Evercore ISI began coverage on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Wednesday, October 18th. They set an “outperform” rating and a $46.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $41.20.

In other Iron Mountain Incorporated (Delaware) REIT news, EVP John Tomovcsik sold 21,037 shares of Iron Mountain Incorporated (Delaware) REIT stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $40.02, for a total value of $841,900.74. Following the transaction, the executive vice president now owns 62,379 shares in the company, valued at $2,496,407.58. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Edward Bicks sold 1,880 shares of Iron Mountain Incorporated (Delaware) REIT stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $41.50, for a total transaction of $78,020.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,758 shares of company stock worth $2,050,846. 1.50% of the stock is currently owned by company insiders.

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About Iron Mountain Incorporated (Delaware) REIT

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.

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

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