Iron Mountain Inc (NYSE:IRM).
Raymond James & Associates says it increased its ownership in Iron Mountain Inc stock by 15,822 shares in a 13F filing with the SEC. Its position stood at $98,558,000 an increase of $12,047,000 according to the filing.
Raymond James & Associates isn’t the only one who has changed their investment in IRM. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS added to its stake by buying 3,253 shares an increase of 17.8% in the quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now controls 21,502 shares worth $836,000. The total value of its holdings increased 33.3%. As of the end of the quarter Tredje Ap-fonden had disposed of a total of 460 shares trimming its position 12.2%. The value of the company’s investment in Iron Mountain Inc went from $132,000 to $131,000 decreasing 0.8% since the last quarter.
Dimensional Fund Advisors Lp expanded its investment by buying 80,395 shares an increase of 2.3% as of 09/30/2017. Dimensional Fund Advisors Lp controls 3,610,830 shares with a value of $140,460,000. The value of the position overall is up by 15.8%.
Equity analyst Robert W. Baird raised the price target on October 25 changing the forecast from $39.00 to $43.00 and issued a “Neutral” rating. On October 20 Stifel Nicolaus left the company rating at “Buy” with a current price target of $43.00.
Equity analyst Evercore ISI released a research note on IRM with an initial rating of “Outperform”. September 3 investment analysts at Stifel Nicolaus made no change to the stock rating of “Buy” targeting a price of $40.00.
On August 25 analysts at Robert W. Baird updated coverage of IRM with a rating of “Hold” and projecting a price target of $39.00.
The company is trading down from yesterday’s close of 95.9. Short traders are feeling a little more bullish on Iron Mountain Inc of late if you pay attention to the change in short interest. The firm saw a fall in short interest between October 13, 2017 and October 31, 2017 of -4.26%. Short interest decreased 941,376 over that timeframe. With short interest at 21,144,835 and short average daily volume at 1,258,858, the short-interest ratio is 17.0 and the short interest percentage is inf% as of October 31.