Shares of Iron Mountain rose to $114.84 during today's morning trading session. Despite the 1.3% change, the Large-Cap Specialty Real Estate Investment Trust company still trades 15.5% above its average analyst target price of $99.43. So there may be further downside for the Specialty Real Estate Investment Trust stock. Iron Mountain has target prices ranging from $44.0 to $120.0 per share, and its average rating is buy.
Iron Mountain's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.7%. The stock's short ratio is 5.75. The company's insiders own 0.81% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 86.1%. In conclusion, we believe there is mixed market sentiment regarding Iron Mountain.
Institutions Invested in Iron Mountain
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 16% | 46,643,352 | $5,356,522,372 |
| 2024-06-30 | Blackrock Inc. | 10% | 27,891,960 | $3,203,112,584 |
| 2024-06-30 | Cohen & Steers Inc. | 8% | 23,051,016 | $2,647,178,593 |
| 2024-06-30 | State Street Corporation | 6% | 17,516,178 | $2,011,557,817 |
| 2024-06-30 | Geode Capital Management, LLC | 3% | 8,129,343 | $933,573,720 |
| 2024-06-30 | Daiwa Securities Group Inc. | 2% | 4,517,699 | $518,812,536 |
| 2024-06-30 | Dimensional Fund Advisors LP | 1% | 4,286,068 | $492,212,033 |
| 2024-06-30 | Capital World Investors | 1% | 4,116,146 | $472,698,191 |
| 2024-06-30 | Deutsche Bank Aktiengesellschaft | 1% | 3,923,723 | $450,600,334 |
| 2024-06-30 | Legal & General Group PLC | 1% | 3,899,276 | $447,792,841 |
