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Citigroup Inc. Buys 215,308 Shares of Iron Mountain Incorporated $IRM
Citigroup Inc. significantly increased its stake in Iron Mountain Incorporated (NYSE:IRM) by 105.3% in the third quarter, acquiring an additional 215,308 shares to hold a total of 419,723 shares worth over $42 million. Other institutional investors like Vanguard Group Inc., State Street Corp, Invesco Ltd., Norges Bank, and Charles Schwab Investment Management Inc. also adjusted their positions. Analysts have a “Moderate Buy” consensus rating for Iron Mountain, with an average price target of $113.25.