Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Easterly Investment Partners LLC

Easterly Investment Partners LLC lifted its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 174.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 334,081 shares of the company's stock after purchasing an additional 212,426 shares during the period. Easterly Investment Partners LLC owned about 0.12% of Americold Realty Trust worth $9,444,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock valued at $32,000 after purchasing an additional 735 shares during the period. Blue Trust Inc. lifted its holdings in Americold Realty Trust by 2,727.4% during the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock worth $75,000 after buying an additional 2,891 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Americold Realty Trust during the 2nd quarter worth about $85,000. Signaturefd LLC lifted its holdings in Americold Realty Trust by 22.7% during the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company's stock worth $102,000 after buying an additional 740 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in Americold Realty Trust during the 3rd quarter worth about $128,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on COLD. Robert W. Baird decreased their price target on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a report on Friday. Truist Financial lifted their price target on Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a report on Friday, August 16th. Barclays lifted their price target on Americold Realty Trust from $25.00 to $28.00 and gave the stock an "equal weight" rating in a report on Monday, October 28th. Wells Fargo & Company boosted their target price on Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a report on Wednesday, August 28th. Finally, Scotiabank boosted their target price on Americold Realty Trust from $30.00 to $31.00 and gave the company a "sector outperform" rating in a report on Monday, August 19th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $30.91.

Americold Realty Trust Stock Performance

COLD stock traded down $0.42 during trading on Friday, hitting $22.76. The company had a trading volume of 2,310,129 shares, compared to its average volume of 2,185,698. The firm has a market cap of $6.47 billion, a PE ratio of -22.92, a price-to-earnings-growth ratio of 1.71 and a beta of 0.61. Americold Realty Trust, Inc. has a 1-year low of $21.87 and a 1-year high of $30.92. The firm has a 50-day moving average price of $27.48 and a 200-day moving average price of $26.82. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.21.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.54). The company had revenue of $660.96 million during the quarter, compared to analyst estimates of $653.74 million. Americold Realty Trust had a negative net margin of 10.60% and a negative return on equity of 7.74%. The business's revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 EPS. On average, analysts expect that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.87%. The ex-dividend date was Monday, September 30th. Americold Realty Trust's dividend payout ratio (DPR) is presently -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.