Vision Capital Corp Sells 527,600 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Vision Capital Corp lessened its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 38.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 829,720 shares of the company's stock after selling 527,600 shares during the period. Americold Realty Trust makes up approximately 3.8% of Vision Capital Corp's holdings, making the stock its 7th largest position. Vision Capital Corp owned 0.29% of Americold Realty Trust worth $23,456,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in shares of Americold Realty Trust by 2,288.1% in the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company's stock worth $28,000 after buying an additional 961 shares in the last quarter. GAMMA Investing LLC raised its stake in 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 acquiring an additional 735 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in shares of Americold Realty Trust during the third quarter valued at $55,000. Blue Trust Inc. lifted its holdings in shares of Americold Realty Trust by 2,727.4% during the second quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after acquiring an additional 2,891 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Americold Realty Trust in the 2nd quarter valued at $85,000. 98.14% of the stock is owned by institutional investors.

Americold Realty Trust Stock Performance

Shares of COLD traded up $0.91 during midday trading on Monday, reaching $24.00. 2,488,721 shares of the stock were exchanged, compared to its average volume of 2,203,139. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market cap of $6.82 billion, a P/E ratio of -23.76, a PEG ratio of 1.81 and a beta of 0.61. Americold Realty Trust, Inc. has a twelve month low of $21.53 and a twelve month high of $30.92. The stock's 50 day simple moving average is $26.01 and its 200 day simple moving average is $26.88.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. During the same quarter last year, the firm posted $0.32 earnings per share. The company's quarterly revenue was up .9% on a year-over-year basis. On average, sell-side analysts expect that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust's dividend payout ratio (DPR) is presently -87.13%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on COLD shares. Truist Financial raised their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a report on Friday, August 16th. Scotiabank increased their target price 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. Wells Fargo & Company lifted their price target 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. Robert W. Baird decreased their price target 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. Finally, Evercore ISI boosted their target price on Americold Realty Trust from $33.00 to $34.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $30.55.

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.