Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 1.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,750,210 shares of the company's stock after selling 62,953 shares during the quarter. Geode Capital Management LLC owned approximately 1.67% of Americold Realty Trust worth $134,321,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in COLD. Assetmark Inc. boosted its position in Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock worth $28,000 after acquiring an additional 961 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Americold Realty Trust by 189.9% during the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $32,000 after purchasing an additional 735 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in shares of Americold Realty Trust in the third quarter valued at $55,000. Blue Trust Inc. grew its position in shares of Americold Realty Trust by 2,727.4% in the second quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after purchasing an additional 2,891 shares during the period. Finally, Signaturefd LLC increased its stake in Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after purchasing an additional 740 shares during the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Down 0.7 %

COLD stock traded down $0.16 during trading on Tuesday, reaching $22.32. The stock had a trading volume of 1,745,648 shares, compared to its average volume of 2,184,026. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The firm has a fifty day moving average price of $24.41 and a 200 day moving average price of $26.68. The company has a market capitalization of $6.34 billion, a P/E ratio of -22.10, a PEG ratio of 1.80 and a beta of 0.59. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.59.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings results 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 return on equity of 8.08% and a negative net margin of 10.63%. The business had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same quarter last year, the firm posted $0.32 EPS. The company's revenue was up .9% compared to the same quarter last year. On average, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.94%. Americold Realty Trust's dividend payout ratio (DPR) is -87.13%.

Insider Activity at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total value of $41,567.04. Following the completion of the transaction, the senior vice president now directly owns 1,837 shares of the company's stock, valued at $41,589.68. This represents a 49.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.17% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

COLD has been the subject of several recent analyst reports. Barclays lowered their price target on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, November 18th. Truist Financial dropped their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, December 5th. Royal Bank of Canada decreased their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, November 13th. Robert W. Baird dropped their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, November 8th. Finally, Raymond James reduced their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $29.17.

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.