Investors sold shares of Iron Mountain Inc. (NYSE:IRM) on strength during trading hours on Friday. $16.15 million flowed into the stock on the tick-up and $66.59 million flowed out of the stock on the tick-down, for a money net flow of $50.44 million out of the stock. Of all stocks tracked, Iron Mountain had the 0th highest net out-flow for the day. Iron Mountain traded up $0.57 for the day and closed at $39.85

A number of equities analysts have recently commented on the stock. Piper Jaffray Cos. restated a “buy” rating and set a $43.00 price objective on shares of Iron Mountain in a research note on Sunday, March 20th. JPMorgan Chase & Co. restated a “buy” rating and set a $42.00 price objective on shares of Iron Mountain in a research note on Monday, May 2nd. Zacks Investment Research downgraded shares of Iron Mountain from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th. TheStreet upgraded shares of Iron Mountain from a “hold” rating to a “buy” rating in a research note on Thursday, April 28th. Finally, Robert W. Baird restated a “neutral” rating on shares of Iron Mountain in a research note on Friday, April 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. Iron Mountain currently has an average rating of “Hold” and an average target price of $39.00.

The stock has a market cap of $8.45 billion and a P/E ratio of 58.01. The stock’s 50 day moving average price is $37.87 and its 200 day moving average price is $32.65.

Iron Mountain (NYSE:IRM) last announced its earnings results on Thursday, April 28th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $749.30 million for the quarter, compared to the consensus estimate of $756.85 million. During the same period in the prior year, the business earned $0.50 EPS. Iron Mountain’s quarterly revenue was up .2% on a year-over-year basis. Equities analysts predict that Iron Mountain Inc. will post $2.25 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Monday, June 6th were paid a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date of this dividend was Thursday, June 2nd.

In related news, VP Edward Bicks sold 2,367 shares of Iron Mountain stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $36.66, for a total transaction of $86,774.22. Following the completion of the transaction, the vice president now owns 3,687 shares of the company’s stock, valued at $135,165.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Marc A. Duale sold 43,802 shares of Iron Mountain stock in a transaction on Monday, April 18th. The stock was sold at an average price of $35.01, for a total transaction of $1,533,508.02. Following the transaction, the insider now directly owns 51,211 shares of the company’s stock, valued at approximately $1,792,897.11. The disclosure for this sale can be found here.

A number of institutional investors have recently made changes to their positions in the company. Aberdeen Asset Management PLC UK increased its position in shares of Iron Mountain by 24.4% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 36,767 shares of the company’s stock worth $1,150,000 after buying an additional 7,216 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in Iron Mountain by 7.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 38,873 shares of the company’s stock valued at $1,050,000 after buying an additional 2,800 shares during the period. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in Iron Mountain by 4.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 52,240 shares of the company’s stock valued at $1,411,000 after buying an additional 2,125 shares during the period. Nationwide Fund Advisors increased its stake in Iron Mountain by 2.7% in the fourth quarter. Nationwide Fund Advisors now owns 57,621 shares of the company’s stock valued at $1,556,000 after buying an additional 1,517 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in Iron Mountain by 48.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 97,472 shares of the company’s stock valued at $2,633,000 after buying an additional 31,839 shares during the period.

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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