Iron Mountain Inc
How Would a Rate Hike Impact REITs?
If rates do rise in December, as most experts are expecting, a mass selloff in REITs will likely occur.
The US Economy: Fischer and Brainard Weigh In
Stanley Fischer expressed his views on the US economy at the G30 Annual International Banking Seminar on October 11. This came three days after the dovish minutes of the FOMC September meeting.
Singh’s TPG-Axon Capital Management buys a new stake in Equinix
Dinakar Singh’s TPG-Axon initiated a new position in Equinix Inc. (EQIX), a global interconnection and data center company, that accounts for 6.09% of the fund’s portfolio.
Highfields Capital Management’s positions in 3Q14
Highfields Capital Management LP is based in Boston. The fund was founded by Jonathon Jacobson in 1998. The fund’s US long portfolio declined slightly to $12.8 billion in the third quarter.
REITs Are Overvalued on a Price-to-Book Basis
REITs are the most overvalued sector in XLF on a price-to-book multiple basis. On average, REITs traded at a price-to-book multiple of 3.57x as of Monday, July 6.
Overview: Assessing Elliott Management’s 2Q14 positions
Paul Singer’s Elliott Management, a New York hedge fund, disclosed new positions in a 13F filed this month. In this series, we’ll discuss some of the notable positions the $24 billion activist fund traded in the second quarter of 2014 (or 2Q14).
Must-know: Why did JANA Partners open a position in Equinix?
Equinix Inc. (EQIX) accounted for a 4.33% position, according to JANA’s 3Q 2013 portfolio. The investor letter stated the fund started building its position late in the second quarter.
High Yield Bond Funds See Inflows for 3 Straight Weeks
According to Lipper, net inflows into high yield bond funds totaled $17.7 million in the week ended September 23, compared to inflows of $236.4 million in the previous week.
How Iron Mountain Has Maintained Its Dividend Yield
How Iron Mountain has maintained a 5% yield Iron Mountain (IRM) is an enterprise information management services company. The company’s revenue grew in 2016, supported by its North American Records and Information Management Business, North American Data Management Business, Western European Business, and Other International Business segments. Its revenue fell 4% in 2015 before rising 17% in 2016. Its operating income fell 5% in 2015 and 4% in 2016 due to […]
Comparing Growth and Value Stock Sectors
The SPDR S&P 500 Growth ETF (SPYG) has generated a YTD return of 13.3% versus 4.3% from the SPDR S&P 500 Value ETF (SPYV).
Which Stocks Are the Top Dividend Yielders?
Since the elections, the S&P 500 (SPY) (SPX-INDEX) is up 15% driven by financials (XLF), technology (XLK) (SMH), industrials (XLI), and consumer discretionary (XLY).
Introducing Liquidity: Must-Know Ins and Outs
Liquidity, or “financial market liquidity,” refers to the ease with which you can buy or sell a security in financial markets at minimal cost.
High-Yield Bond Issuance Plummets in 3Q15
High-yield bond issuance fell in 3Q15 compared to 2Q15, with July and August seeing muted issuance activity. Both of these months saw the least issuance in 2015 year-to-date.
Ventas Declares Quarterly Dividend of $0.73 per Share
On September 3, Ventas (VTR) declared a regular quarterly dividend of $0.73 per share payable on September 30. This represents an annual dividend of $2.92, equivalent to a dividend yield of 5.5%.
The Financial Select Sector SPDR ETF Trends Upwards
The 100-day moving average for the Financial Select Sector SPDR ETF (XLF) has been trending upwards since 2013. It’s trading above its 20, 50, and 100-day moving averages.
Must-know: Why Elliott Management exited its position in Hornbeck
Elliott Management exited a position in Hornbeck Offshore Services (HOS). Elliott’s position in Hornbeck Offshore Services accounted for 0.58% of the fund’s 1Q14 portfolio. Elliott had initiated the position in 1Q14.
Must-know: Elliott Management ups its position in Anadarko
Elliott Management’s fund upped its stakes in Anadarko Petroleum (APC). Elliott Management’s position in Anadarko Petroleum is currently the third largest and accounts for 7.97% of the fund’s 2Q14 portfolio.