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

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twelve research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $29.17.

COLD has been the topic of several research analyst reports. Barclays dropped their price objective on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Monday, November 18th. Evercore ISI raised their price target on Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. Raymond James lowered their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Wednesday, December 11th. Wells Fargo & Company raised their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 28th. Finally, Robert W. Baird reduced their price target on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a report on Friday, November 8th.

Americold Realty Trust Trading Up 0.8 %

Shares of COLD traded up $0.16 during mid-day trading on Wednesday, reaching $21.43. 1,036,418 shares of the company's stock traded hands, compared to its average volume of 2,186,849. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The stock's 50-day moving average is $23.78 and its two-hundred day moving average is $26.45. Americold Realty Trust has a 12 month low of $20.98 and a 12 month high of $30.59. The stock has a market cap of $6.09 billion, a P/E ratio of -21.22, a P/E/G ratio of 1.80 and a beta of 0.59.

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

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.22 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.88 annualized dividend and a yield of 4.11%. Americold Realty Trust's dividend payout ratio (DPR) is -87.13%.

Insider Buying and Selling at Americold Realty Trust

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

Hedge Funds Weigh In On Americold Realty Trust

A number of institutional investors have recently bought and sold shares of COLD. Wealth Enhancement Advisory Services LLC acquired a new stake in Americold Realty Trust during the 2nd quarter worth about $236,000. Bank of New York Mellon Corp raised its position in Americold Realty Trust by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 1,259,657 shares of the company's stock valued at $32,172,000 after acquiring an additional 80,589 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Americold Realty Trust by 8.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 15,022 shares of the company's stock valued at $384,000 after acquiring an additional 1,150 shares during the period. HB Wealth Management LLC boosted its position in Americold Realty Trust by 8.4% in the 2nd quarter. HB Wealth Management LLC now owns 22,897 shares of the company's stock worth $585,000 after purchasing an additional 1,784 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Americold Realty Trust by 2.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 179,320 shares of the company's stock worth $4,580,000 after purchasing an additional 4,848 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

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.