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

Shares of Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) have received an average rating of "Moderate Buy" from the eleven ratings firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $30.55.

COLD has been the topic of a number of recent research reports. Robert W. Baird cut their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating on the stock in a research note on Friday, November 8th. Wells Fargo & Company raised their price objective on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a report on Wednesday, August 28th. Barclays lowered their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research note on Monday, November 18th. Truist Financial increased their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a report on Friday, August 16th. Finally, Scotiabank lifted their price target on Americold Realty Trust from $30.00 to $31.00 and gave the stock a "sector outperform" rating in a report on Monday, August 19th.

Hedge Funds Weigh In On Americold Realty Trust

Institutional investors have recently modified their holdings of the business. Assetmark Inc. increased its stake in shares of 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 period. GAMMA Investing LLC increased its position in Americold Realty Trust by 189.9% during the 3rd 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 period. Loomis Sayles & Co. L P purchased a new position in shares of Americold Realty Trust during the 3rd quarter worth approximately $55,000. Blue Trust Inc. lifted its holdings in shares of Americold Realty Trust by 2,727.4% in the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after buying an additional 2,891 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Americold Realty Trust in the second quarter valued at approximately $85,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Down 0.7 %

Shares of NYSE:COLD traded down $0.18 during trading on Friday, hitting $23.86. The company's stock had a trading volume of 1,457,228 shares, compared to its average volume of 2,196,659. Americold Realty Trust has a fifty-two week low of $21.53 and a fifty-two week high of $30.92. The business has a 50 day moving average price of $25.56 and a two-hundred day moving average price of $26.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The company has a market capitalization of $6.78 billion, a PE ratio of -23.62, a P/E/G ratio of 1.90 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its 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). The company had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The company's revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 earnings per share. As a group, research analysts expect that Americold Realty Trust will post 1.38 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust's dividend payout ratio (DPR) is -87.13%.

About Americold Realty Trust

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.