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Nomura Asset Management boosted Iron Mountain shares despite the company missing financial targets.
Nomura Asset Management Co. Ltd. increased its holdings in Iron Mountain Incorporated by 4%, owning 474,591 shares worth $49.9M.
Despite missing revenue and EPS estimates, Iron Mountain announced a quarterly dividend of $0.785, up from $0.72, with a $3.14 annualized dividend and a 3.69% yield.
Iron Mountain's stock has a market cap of $24.99B and a P/E ratio of 139.46.
Analysts have a "Buy" rating with a $125.67 target price.
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Nomura Asset Management aumentó las acciones de Iron Mountain a pesar de que la compañía no tenía objetivos financieros.