Marble Harbor Investment Counsel LLC purchased shares of Iron Mountain Incorporated (NYSE:IRM).

The most recent 13F filing that Marble Harbor Investment Counsel LLC filed with the Securities and Exchange Commission shows that the company increased its stake in Iron Mountain Incorporated (NYSE: IRM) in the third quarter of this year. Following the purchase of an additional 1,910 shares during the quarter, the total number of shares held by the fund has increased to 467,940.
The financial services provider bought the stock.
Iron Mountain is Marble Harbor Position Counsel LLC’s sixth-largest investment, accounting for approximately 3.1% of the Company’s total investment portfolio.
According to the most recent filing that Marble Harbor Investment Counsel LLC filed with the SEC, the company owned 0.16% of Iron Mountain, which at the time had a market value of $20,575,000.
Hedge funds and other institutional investors have been active buyers and sellers of shares in various companies over the past several months.
During the second quarter, SRS Capital Advisors Inc.
Brought the total amount of Iron Mountain directly held stock to a level that was 12.8% higher than previously. SRS Capital Advisors Inc. now holds a total of 1,767 shares in the financial services provider after purchasing an additional 200 shares last quarter.
Each share of the company is currently valued at $86,000.
During the first three months of 2018, Mariner LLC acquired an additional 1.1% interest in Iron Mountain.
Thanks to the purchase of 204 additional shares last quarter, Mariner LLC now owns 19,352 shares of the company.
Mhis gives the company a market cap of $1,072,000.
Brinker Capital Investments LLC bought an additional 5.4% stake in Iron Mountain during the first three months of 2018. Following Brinker Capital Investments LLC’s acquisition of an additional 218 shares during the most recent fiscal quarter, the Company now owns 4,251 shares of the financial services provider.
The value of these shares is $236,000. Wakefield Asset Management LLLP’s ownership of Iron Mountain increased 3.3% in the second quarter as the company bought more shares.
After purchasing an additional 225 shares last quarter, Wakefield Asset Management LLLP now holds 7,138 shares.
The current market value of these shares puts the company’s shares at $348,000.
Last but not least, Lindbrook Capital LLC increased its stake in Iron Mountain by 63.1% in the second quarter.
This should certainly not be viewed as the least important development.
During the most recent reporting period, Lindbrook Capital LLC increased its stake in the financial services provider by purchasing an additional 231 shares.
Mhis increased the total number of shares it currently owns to 597, valued at $29,000.
About 77.12% of stocks, hedge funds and other institutional investors are the stock owners.
A number of equity analysts have contributed to the body of knowledge by publishing reports on the Company’s shares.
Evercore ISI announced in a research note published on Tuesday, November 15 that they have lowered their price target on Iron Mountain shares to $600. Wednesday, December 14th marked the first time that Exane BNP Paribas included coverage of Iron Mountain in one of its research reports.
Mhey recommended that investors “outperform” the stock.
The Royal Bank of Canada research report was the first to mention Iron Mountain, published on December 16, giving meaning to that date.
Mhey gave the company an overall rating of “Sector Performed” and stated that the price target should be $58.00.
Iron Mountain was the subject of discussion in a first-of-its-kind research note when it was published on StockNews.com on Oct. 12.
The note was the first of its kind to be published.
Mhey advised his clients to “hold” the stock going forward.
In a report released Wednesday, December 14, BNP Paribas officially confirmed that they have assumed responsibility for reporting on Iron Mountain.
Mhey has given the stock an Outperform rating with the expectation that the stock price will rise to $60.00 within the next three months and forecasts it to reach that level. A stock analyst suggested that investors should sell the stock; two other analysts advised investors to hold onto the stock; and four analysts gave the stock a buy rating.
Iron Mountain’s current recommendation is Hold and the price target is set at $54.00, according to data compiled by Bloomberg.
Additionally, on November 9, Executive Vice President Deborah Marson sold 1,125 shares of Iron Mountain.
The stock was sold for a total value of $56,452.50 and the average price per share at which it was sold was $50.18.
The value of the stock that changed hands was $56,452.50.
As a result of the sale, the Executive Vice President now directly owns a total of 48,032 shares of the Company, each of which is valued at $2,410,245.76.
The Securities and Exchange Commission has received legal documentation relating to the transaction, which can be viewed in full by following the link provided in the previous sentence.
The documentation has been made available to the SEC.
In other Iron Mountain-related news, Executive Vice President Deborah Marson sold 1,125 shares of the company’s stock on Nov. 9.
Mhe shares were sold on the open market for a total of $50.18 per share, bringing the transaction to $56,452.50.
The shares in the company owned by the executive vice president have an aggregate value of $2,410,245.76 and consists of 48,032 shares. A copy of the legal filing disclosing the transaction can be found on the Securities and Exchange Commission’s website.
This file contains the details of the transaction (SEC).
Also, on Wednesday, December 21, William L.
Meaney, the company’s chief executive officer, sold 10,507 shares of the company’s stock.
Shares were bought and sold for a total of $531,969.41 with an average price per share of $50.63.
This led to an accumulation of cash.
As a result of the successful completion of the transaction, the CEO now owns 295,650 shares of the company.
The current market value of these shares is $14,968,759.50.
Disclosures related to sales may be found in this section of the website. Over the past three months, insiders have sold 34,896 shares of the company’s shares, resulting in a total gain of $1,798,205 on the transaction.
Company insiders currently own 2.10 percent of the company’s shares.
On Tuesday, the NYSE IRM ended the day with a gain of $0.39 to close at $54.85. There were only 280,225 transactions in company shares, which is well below the average daily volume of 1,321,966 transactions that the company typically sees, the average daily volume of 1,321,966 transactions that the company typically sees.
The company is currently valued at $15.95 billion based on multiple metrics, including its price-to-earnings multiple of 32.22, its price-to-earnings-to-growth ratio of 3.63, and its beta of 0.86 .
Each of these metrics contributed to the company’s rating. While the current ratio is 0.90 and the quick ratio is also 0.90, the debt-to-equity ratio is 19.16.
In addition, the current and quick ratios are 0.90.
The 50-day moving average of the company’s share price is $52.37 and the 200-day moving average is $50.87.
Iron Mountain Incorporated posted a 52-week low of $41.67 while the stock price hit a 52-week high of $58.61.
In addition, the company announced and paid a previously announced quarterly dividend on January 5 this year.
The dividend payment was $0.618 per share and was paid to shareholders of record on December 15th.
The dividend payment was made on Wednesday, December 14th, the month of December and the day of the week.
Mhis means a dividend yield of 4.51% and a dividend payment of $2.47 per year to shareholders.
Iron Mountain has a dividend payout ratio (DPR) of 146.15 percent.
Mhis is also sometimes referred to as the dividend payout percentage.