Americold Realty Trust, Inc. (NYSE:COLD) Short Interest Update

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 4,540,000 shares, a decrease of 13.9% from the February 28th total of 5,270,000 shares. Based on an average trading volume of 2,220,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.6% of the shares of the stock are sold short.

Americold Realty Trust Stock Down 5.6 %

Shares of NYSE COLD traded down $1.09 during midday trading on Monday, hitting $18.25. The company's stock had a trading volume of 1,162,855 shares, compared to its average volume of 2,153,335. 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 firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of -53.70, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The business's fifty day simple moving average is $21.75 and its two-hundred day simple moving average is $23.21. Americold Realty Trust has a 1 year low of $17.98 and a 1 year high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.10 by $0.27. The business had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. On average, equities analysts predict that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be paid a $0.23 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a yield of 5.04%. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's payout ratio is currently -270.59%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Brown Brothers Harriman & Co. acquired a new position in Americold Realty Trust in the fourth quarter valued at $25,000. Venturi Wealth Management LLC lifted its stake in Americold Realty Trust by 1,081.4% in the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after buying an additional 2,033 shares during the last quarter. Vestcor Inc acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at approximately $86,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Americold Realty Trust in the 4th quarter valued at $86,000. Finally, Headlands Technologies LLC boosted its stake in Americold Realty Trust by 2,681.3% during the 4th quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after purchasing an additional 4,156 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Raymond James cut their target price on 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. Citigroup cut their target price on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Finally, Scotiabank increased their price target on Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a report on Monday, March 10th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $28.82.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.