Iron MountainIRM
Market Cap: $32.1B
About: Iron Mountain Inc is a record management services provider. It is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
Employees: 27,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
80% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 18 (+8) [Q2]
77% more call options, than puts
Call options by funds: $183M | Put options by funds: $104M
34% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 76
17% more capital invested
Capital invested by funds: $19B [Q1] → $22.2B (+$3.19B) [Q2]
3.3% more ownership
Funds ownership: 81.21% [Q1] → 84.51% (+3.3%) [Q2]
3% more funds holding
Funds holding: 917 [Q1] → 943 (+26) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 364
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
JP Morgan Andrew Steinerman 77% 1-year accuracy 17 / 22 met price target | 11%upside $121 | Overweight Maintained | 2 Aug 2024 |
Wells Fargo Eric Luebchow 78% 1-year accuracy 29 / 37 met price target | 10%upside $120 | Overweight Maintained | 2 Aug 2024 |
Goldman Sachs George Tong 74% 1-year accuracy 17 / 23 met price target | 10%upside $120 | Buy Maintained | 2 Aug 2024 |
Wells Fargo Eric Luebchow 78% 1-year accuracy 29 / 37 met price target | 0%upside $110 | Overweight Maintained | 23 Jul 2024 |
Stifel Shlomo Rosenbaum 63% 1-year accuracy 12 / 19 met price target | 6%downside $103 | Buy Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 9 articles about IRM published over the past 30 days