American Intl Group Com New (AIG) Market Valuation Declined While Towercrest Capital Management Upped by $2.75 Million Its Position; As Iron Mtn (IRM) Stock Value Declined, Makaira Partners Has Decreased Its Position

May 23, 2018 - By Marguerite Chambers

Iron Mountain Incorporated (NYSE:IRM) Logo

Thomas Bancroft decreased its stake in Iron Mtn Inc (IRM) by 6.67% based on its latest 2017Q4 regulatory filing with the SEC. Makaira Partners Llc sold 127,944 shares as the company’s stock declined 15.29% with the market. The hedge fund run by Thomas Bancroft held 1.79 million shares of the real estate investment trusts company at the end of 2017Q4, valued at $67.57M, down from 1.92 million at the end of the previous reported quarter. Makaira Partners Llc who had been investing in Iron Mtn Inc for a number of months, seems to be less bullish one the $9.30B market cap company. The stock decreased 0.49% or $0.16 during the last trading session, reaching $32.52. About 1.26 million shares traded. Iron Mountain Incorporated (NYSE:IRM) has declined 7.75% since May 23, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

Towercrest Capital Management increased its stake in American Intl Group Inc Com New (AIG) by 52.15% based on its latest 2017Q4 regulatory filing with the SEC. Towercrest Capital Management bought 46,644 shares as the company’s stock declined 9.32% with the market. The institutional investor held 136,084 shares of the finance company at the end of 2017Q4, valued at $8.11M, up from 89,440 at the end of the previous reported quarter. Towercrest Capital Management who had been investing in American Intl Group Inc Com New for a number of months, seems to be bullish on the $49.48 billion market cap company. The stock decreased 0.31% or $0.17 during the last trading session, reaching $55.12. About 5.62 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 11.73% since May 23, 2017 and is downtrending. It has underperformed by 23.28% the S&P500.

Analysts await Iron Mountain Incorporated (NYSE:IRM) to report earnings on July, 27. They expect $0.54 earnings per share, down 1.82% or $0.01 from last year’s $0.55 per share. IRM’s profit will be $154.39 million for 15.06 P/E if the $0.54 EPS becomes a reality. After $0.49 actual earnings per share reported by Iron Mountain Incorporated for the previous quarter, Wall Street now forecasts 10.20% EPS growth.

Makaira Partners Llc, which manages about $691.02M and $830.00M US Long portfolio, upped its stake in Liberty Interactive Corp by 1.26 million shares to 1.73M shares, valued at $93.85 million in 2017Q4, according to the filing. It also increased its holding in Credit Accep Corp Mich (NASDAQ:CACC) by 1,200 shares in the quarter, for a total of 23,370 shares, and has risen its stake in Zebra Technologies Corp (NASDAQ:ZBRA).

More important recent Iron Mountain Incorporated (NYSE:IRM) news were published by: Seekingalpha.com which released: “Iron Mountain: Investing In Boxes, Buildings, Or Both?” on April 30, 2018, also Seekingalpha.com published article titled: “Merck Is Inexpensive – Cramer’s Lightning Round (5/7/18)”, Globenewswire.com published: “New Research: Key Drivers of Growth for Iron Mountain, KLA-Tencor, New Residential Investment, Nucor, Omnicom …” on May 08, 2018. More interesting news about Iron Mountain Incorporated (NYSE:IRM) was released by: Seekingalpha.com and their article: “Iron Mountain (IRM) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Investors sentiment increased to 1.9 in Q4 2017. Its up 0.04, from 1.86 in 2017Q3. It is positive, as 24 investors sold IRM shares while 90 reduced holdings. 67 funds opened positions while 150 raised stakes. 245.03 million shares or 6.41% more from 230.28 million shares in 2017Q3 were reported. Balyasny Asset Mngmt Ltd Limited Liability Company owns 7,802 shares for 0% of their portfolio. 15,000 are owned by Alpine Global Mngmt Ltd Liability Com. Lazard Asset Ltd Liability Co holds 7,400 shares. Bessemer Inc owns 420 shares or 0% of their US portfolio. Legal And General Gru Public Limited Co holds 0.04% in Iron Mountain Incorporated (NYSE:IRM) or 1.29 million shares. Schooner Capital has invested 100% of its portfolio in Iron Mountain Incorporated (NYSE:IRM). Lourd Llc reported 6,424 shares or 0.02% of all its holdings. Cadence Capital Mngmt has 14,818 shares. Charter Com invested 0.04% of its portfolio in Iron Mountain Incorporated (NYSE:IRM). Fiduciary Trust holds 0.03% in Iron Mountain Incorporated (NYSE:IRM) or 29,584 shares. Sun Life Inc holds 0.24% or 61,036 shares in its portfolio. Kentucky Retirement Insur Tru Fund invested in 0.04% or 7,089 shares. Thrivent Fincl For Lutherans reported 0.01% in Iron Mountain Incorporated (NYSE:IRM). Beck Mack Oliver Ltd Liability Company stated it has 15,143 shares or 0.02% of all its holdings. Comerica Bancorp reported 0.02% in Iron Mountain Incorporated (NYSE:IRM).

Among 6 analysts covering Iron Mountain Incorporated (NYSE:IRM), 3 have Buy rating, 2 Sell and 1 Hold. Therefore 50% are positive. Iron Mountain Incorporated had 13 analyst reports since October 9, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, February 16. The stock has “Buy” rating by Stifel Nicolaus on Monday, April 18. The stock has “Hold” rating by Robert W. Baird on Thursday, October 5. The company was maintained on Friday, September 1 by Stifel Nicolaus. The firm earned “Buy” rating on Friday, October 20 by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, August 24 by Robert W. Baird. Stifel Nicolaus maintained Iron Mountain Incorporated (NYSE:IRM) on Friday, July 28 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, February 20. As per Wednesday, October 25, the company rating was maintained by Robert W. Baird. The stock has “Sell” rating by Deutsche Bank on Wednesday, June 7.

Since January 8, 2018, it had 1 buy, and 7 selling transactions for $1.51 million activity. $774,371 worth of stock was sold by Meaney William L on Friday, February 16. 1,734 shares were sold by RAKOWICH WALTER C, worth $62,726. 5,000 Iron Mountain Incorporated (NYSE:IRM) shares with value of $162,450 were bought by VERRECCHIA ALFRED J. On Thursday, February 15 MacLean Theodore sold $44,963 worth of Iron Mountain Incorporated (NYSE:IRM) or 1,345 shares.

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.09, from 0.79 in 2017Q3. It dropped, as 85 investors sold AIG shares while 290 reduced holdings. 74 funds opened positions while 189 raised stakes. 747.27 million shares or 0.10% less from 748.00 million shares in 2017Q3 were reported. Td Cap Management Limited Co accumulated 0% or 105 shares. Fil Ltd invested 0.06% in American International Group, Inc. (NYSE:AIG). Meridian Investment Counsel Incorporated has invested 0.12% in American International Group, Inc. (NYSE:AIG). Oppenheimer Asset reported 250,766 shares. Metropolitan Life Co Ny stated it has 144,326 shares. Numeric Invsts Limited Company holds 295,000 shares or 0.13% of its portfolio. Natl Pension Serv, Korea-based fund reported 790,712 shares. Proshare Advisors Lc has invested 0.11% in American International Group, Inc. (NYSE:AIG). Peddock Capital Advsrs Limited Liability Corp reported 2,544 shares stake. Exxonmobil Invest Mgmt Incorporated Tx has 142,939 shares. Baystate Wealth Management Ltd Liability Com has 1,325 shares for 0.01% of their portfolio. Fifth Third Bancshares owns 273,962 shares. Bokf Na accumulated 6,367 shares or 0.01% of the stock. Bridgeway Mngmt has invested 0.61% in American International Group, Inc. (NYSE:AIG). Peoples Ser Corp stated it has 0% in American International Group, Inc. (NYSE:AIG).

Since February 15, 2018, it had 2 insider buys, and 2 sales for $47,270 activity. Another trade for 4,800 shares valued at $249,879 was bought by STEENLAND DOUGLAS M. Shares for $209,164 were sold by Macia Seraina on Friday, February 16. Macartney Claudine also sold $122,320 worth of American International Group, Inc. (NYSE:AIG) shares.

Among 21 analysts covering American International Group (NYSE:AIG), 15 have Buy rating, 1 Sell and 5 Hold. Therefore 71% are positive. American International Group had 82 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, May 10 by FBR Capital. The rating was upgraded by BMO Capital Markets to “Outperform” on Monday, December 12. The stock of American International Group, Inc. (NYSE:AIG) earned “Buy” rating by Wells Fargo on Wednesday, July 5. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, December 4 report. Buckingham Research initiated it with “Sell” rating and $52.0 target in Monday, September 11 report. Goldman Sachs upgraded the shares of AIG in report on Thursday, May 10 to “Buy” rating. Morgan Stanley maintained American International Group, Inc. (NYSE:AIG) rating on Friday, May 4. Morgan Stanley has “Overweight” rating and $65 target. The stock of American International Group, Inc. (NYSE:AIG) earned “Outperform” rating by Credit Suisse on Friday, January 6. The stock has “Buy” rating by UBS on Thursday, May 17. Atlantic Securities upgraded the shares of AIG in report on Tuesday, March 22 to “Neutral” rating.

More important recent American International Group, Inc. (NYSE:AIG) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: AIG, Baxter, Cisco, Eiger Bio, Energy Transfer, Juniper, NOV, Phillips 66 …” on May 17, 2018, also Seekingalpha.com published article titled: “Icahn throws in the towel in AIG”, Benzinga.com published: “Goldman Turns Bullish On AIG Ahead Of Projected Q4 Catalyst” on May 10, 2018. More interesting news about American International Group, Inc. (NYSE:AIG) was released by: Benzinga.com and their article: “AIG Notches Upgrade Ahead Of Q1 Report On Fundamental Improvements” with publication date: April 27, 2018.

Towercrest Capital Management, which manages about $137.52 million US Long portfolio, decreased its stake in Ishares Intermdt Govt/Credit Bnd Etf (GVI) by 33,581 shares to 60,424 shares, valued at $6.63 million in 2017Q4, according to the filing.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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