Americold Realty Trust, Inc. (NYSE:COLD) Given Average Rating of "Moderate Buy" by Analysts

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) has received a consensus rating of "Moderate Buy" from the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $29.17.

Several brokerages have issued reports on COLD. Raymond James dropped their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Wednesday, December 11th. Scotiabank dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set a "sector outperform" rating for the company in a report on Tuesday, December 10th. Truist Financial reduced their target price on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, December 5th. Citigroup dropped their price target on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating for the company in a research note on Wednesday, December 4th. Finally, Robert W. Baird cut their price objective on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a report on Friday, November 8th.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the transaction, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. The trade was a 49.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.17% of the stock is owned by insiders.

Institutional Investors Weigh In On Americold Realty Trust

A number of large investors have recently made changes to their positions in COLD. FMR LLC increased its position in shares of Americold Realty Trust by 40.8% during the third quarter. FMR LLC now owns 13,261,431 shares of the company's stock valued at $374,901,000 after buying an additional 3,844,603 shares during the period. Deprince Race & Zollo Inc. boosted its position in Americold Realty Trust by 2,542.7% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 1,712,317 shares of the company's stock valued at $43,733,000 after acquiring an additional 1,647,522 shares in the last quarter. Darlington Partners Capital Management LP grew its holdings in shares of Americold Realty Trust by 15.1% during the 2nd quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company's stock worth $230,321,000 after acquiring an additional 1,183,571 shares during the period. AQR Capital Management LLC raised its position in shares of Americold Realty Trust by 2,175.4% in the 2nd quarter. AQR Capital Management LLC now owns 1,087,628 shares of the company's stock worth $27,071,000 after acquiring an additional 1,039,828 shares in the last quarter. Finally, Makena Capital Management LLC purchased a new position in shares of Americold Realty Trust in the 2nd quarter valued at approximately $8,406,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Price Performance

Shares of Americold Realty Trust stock traded up $0.01 during trading on Friday, hitting $21.40. The stock had a trading volume of 1,486,407 shares, compared to its average volume of 1,673,233. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust has a 12 month low of $20.41 and a 12 month high of $30.45. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of -21.19, a P/E/G ratio of 1.55 and a beta of 0.61. The business's 50-day moving average is $22.16 and its 200 day moving average is $25.89.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.35). The business had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. Americold Realty Trust's revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. As a group, sell-side analysts anticipate that Americold Realty Trust will post 1.38 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust's dividend payout ratio (DPR) is presently -87.13%.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.