Franklin Resources Inc. Increases Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Franklin Resources Inc. boosted its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 14.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 245,110 shares of the company's stock after buying an additional 30,831 shares during the period. Franklin Resources Inc. owned approximately 0.09% of Americold Realty Trust worth $6,564,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in COLD. FMR LLC boosted its position in Americold Realty Trust by 40.8% in the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after purchasing an additional 3,844,603 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Americold Realty Trust by 30.8% in the second quarter. Principal Financial Group Inc. now owns 15,300,802 shares of the company's stock valued at $390,783,000 after buying an additional 3,602,337 shares in the last quarter. Deprince Race & Zollo Inc. raised its position in shares of Americold Realty Trust by 2,542.7% in the second quarter. Deprince Race & Zollo Inc. now owns 1,712,317 shares of the company's stock worth $43,733,000 after acquiring an additional 1,647,522 shares during the period. Darlington Partners Capital Management LP boosted its stake in shares of Americold Realty Trust by 15.1% during the 2nd quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company's stock worth $230,321,000 after acquiring an additional 1,183,571 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Americold Realty Trust by 2,175.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,087,628 shares of the company's stock valued at $27,071,000 after acquiring an additional 1,039,828 shares during the period. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Trading Down 1.0 %

COLD stock traded down $0.21 during mid-day trading on Monday, hitting $21.27. 1,995,729 shares of the company were exchanged, compared to its average volume of 2,191,506. Americold Realty Trust, Inc. has a 12-month low of $21.01 and a 12-month high of $30.59. The business has a fifty day simple moving average of $23.89 and a 200-day simple moving average of $26.48. The firm has a market capitalization of $6.05 billion, a P/E ratio of -21.06, a PEG ratio of 1.80 and a beta of 0.59. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates 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 analyst estimates of $663.87 million. During the same quarter last year, the firm posted $0.32 EPS. The company's revenue for the quarter was up .9% on a year-over-year basis. On average, equities research analysts predict that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Tuesday, December 31st. Americold Realty Trust's payout ratio is presently -87.13%.

Insider Transactions at Americold Realty Trust

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of the firm's stock in a transaction 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 sale, the senior vice president now directly owns 1,837 shares in the company, valued at $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.17% of the company's stock.

Wall Street Analyst Weigh In

COLD has been the topic of several research analyst reports. Evercore ISI raised their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a report on Wednesday, August 28th. Barclays reduced their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, November 18th. Raymond James dropped their target price 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. Royal Bank of Canada reduced their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company lifted their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 28th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.