Iron Mountain Inc (IRM) : Seminole Management added new position in Iron Mountain Inc during the most recent quarter end. The investment management firm now holds 28,000 shares of Iron Mountain Inc which is valued at $1,148,000 , the company said in a statement filed on Jul 26, 2016 with the SEC.Iron Mountain Inc makes up approximately 0.11% of Seminole Management’s portfolio.
Other Hedge Funds, Including , Rs Investment Management Co reduced its stake in IRM by selling 690,818 shares or 45.4% in the most recent quarter. The Hedge Fund company now holds 830,734 shares of IRM which is valued at $34,060,094. Iron Mountain Inc makes up approx 0.33% of Rs Investment Management Co’s portfolio.Shell Asset Management Co boosted its stake in IRM in the latest quarter, The investment management firm added 5,783 additional shares and now holds a total of 17,749 shares of Iron Mountain Inc which is valued at $727,709. Iron Mountain Inc makes up approx 0.02% of Shell Asset Management Co’s portfolio.Highstreet Asset Management reduced its stake in IRM by selling 1,890 shares or 14.38% in the most recent quarter. The Hedge Fund company now holds 11,255 shares of IRM which is valued at $462,130. Iron Mountain Inc makes up approx 0.16% of Highstreet Asset Management’s portfolio.Capital Analysts boosted its stake in IRM in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 2,086 shares of Iron Mountain Inc which is valued at $82,835. Iron Mountain Inc makes up approx 0.02% of Capital Analysts’s portfolio. Breton Hill Capital Ltd. added IRM to its portfolio by purchasing 5,200 company shares during the most recent quarter which is valued at $210,704. Iron Mountain Inc makes up approx 0.07% of Breton Hill Capital Ltd.’s portfolio.
Iron Mountain Inc closed down -0.03 points or -0.07% at $41.21 with 30,15,919 shares getting traded on Friday. Post opening the session at $41.15, the shares hit an intraday low of $40.9901 and an intraday high of $41.44 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Iron Mountain Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.50. The company had revenue of $750.69 million for the quarter, compared to analysts expectations of $759.86 million. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Iron Mountain Inc. is a holding company which stores records primarily paper documents and data backup media and provide information management services. The Company has five segments: North American Records and Information Management Business North American Data Management Business Western European Business Other International Business and Corporate and Other Business. It offers records and information management services and data management services. Its customer base includes commercial legal banking healthcare accounting insurance entertainment and government organizations. As of December 31 2014 the Company’s courier fleet consisted of approximately 3600 owned or leased vehicles. Its other services include secure shredding document management solutions (DMS) compliant records management and consulting services health information storage and management solutions entertainment services energy data services discovery services and other ancillary services.