Iron Mountain Incorporated (Delaware) REIT (IRM) Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its stake in shares of Iron Mountain Incorporated (Delaware) REIT (NYSE:IRM) by 140.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 14,906 shares of the financial services provider’s stock after buying an additional 8,709 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Iron Mountain Incorporated (Delaware) REIT were worth $562,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. raised its position in shares of Iron Mountain Incorporated (Delaware) REIT by 11,438.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,846 shares of the financial services provider’s stock valued at $183,000 after buying an additional 4,804 shares during the last quarter. Lourd Capital LLC bought a new stake in Iron Mountain Incorporated (Delaware) REIT in the fourth quarter valued at about $242,000. Sumitomo Mitsui Asset Management Company LTD increased its stake in Iron Mountain Incorporated (Delaware) REIT by 261.6% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 104,379 shares of the financial services provider’s stock valued at $3,938,000 after acquiring an additional 75,513 shares during the period. RMR Advisors LLC bought a new stake in Iron Mountain Incorporated (Delaware) REIT in the fourth quarter valued at about $1,132,000. Finally, IFP Advisors Inc increased its stake in Iron Mountain Incorporated (Delaware) REIT by 210.7% in the fourth quarter. IFP Advisors Inc now owns 20,509 shares of the financial services provider’s stock valued at $774,000 after acquiring an additional 13,909 shares during the period. 83.79% of the stock is owned by institutional investors and hedge funds.

Shares of Iron Mountain Incorporated (NYSE:IRM) opened at $32.73 on Tuesday. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $9,540.00, a PE ratio of 40.41, a P/E/G ratio of 4.84 and a beta of 0.83. Iron Mountain Incorporated has a 52 week low of $32.53 and a 52 week high of $41.53.

IRM has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Iron Mountain Incorporated (Delaware) REIT from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. TheStreet cut shares of Iron Mountain Incorporated (Delaware) REIT from a “b” rating to a “c+” rating in a research note on Thursday, December 7th. ValuEngine cut shares of Iron Mountain Incorporated (Delaware) REIT from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Stifel Nicolaus reissued a “buy” rating and issued a $43.00 target price (up previously from $40.00) on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Friday, October 20th. Finally, Evercore ISI initiated coverage on shares of Iron Mountain Incorporated (Delaware) REIT in a research note on Wednesday, October 18th. They issued an “outperform” rating and a $46.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Iron Mountain Incorporated (Delaware) REIT presently has an average rating of “Hold” and a consensus target price of $41.20.

In other Iron Mountain Incorporated (Delaware) REIT news, CFO Stuart B. Brown sold 1,900 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $40.75, for a total transaction of $77,425.00. Following the sale, the chief financial officer now directly owns 4,010 shares of the company’s stock, valued at $163,407.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CMO Theodore Maclean sold 1,495 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $40.07, for a total transaction of $59,904.65. Following the sale, the chief marketing officer now directly owns 7,184 shares in the company, valued at $287,862.88. The disclosure for this sale can be found here. Insiders have sold 19,523 shares of company stock worth $747,478 over the last ninety days. Insiders own 1.50% of the company’s stock.

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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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