B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 60,000 shares of the company's stock, valued at approximately $1,696,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PGGM Investments acquired a new stake in shares of Americold Realty Trust during the 2nd quarter valued at approximately $114,436,000. Principal Financial Group Inc. lifted its position in shares of Americold Realty Trust by 30.8% during the 2nd quarter. Principal Financial Group Inc. now owns 15,300,802 shares of the company's stock valued at $390,783,000 after acquiring an additional 3,602,337 shares during the period. V3 Capital Management L.P. lifted its position in shares of Americold Realty Trust by 181.5% during the 1st quarter. V3 Capital Management L.P. now owns 2,605,975 shares of the company's stock valued at $64,941,000 after acquiring an additional 1,680,275 shares during the period. Deprince Race & Zollo Inc. lifted its position in shares of Americold Realty Trust by 2,542.7% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 1,712,317 shares of the company's stock valued at $43,733,000 after acquiring an additional 1,647,522 shares during the period. Finally, Darlington Partners Capital Management LP raised its position 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 purchasing an additional 1,183,571 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.
Americold Realty Trust Trading Up 0.9 %
Shares of NYSE COLD traded up $0.21 during trading on Friday, hitting $23.09. 1,779,918 shares of the company traded hands, compared to its average volume of 2,512,504. Americold Realty Trust, Inc. has a 1 year low of $21.53 and a 1 year high of $30.92. The company has a 50-day moving average price of $26.01 and a 200-day moving average price of $26.82. The firm has a market capitalization of $6.56 billion, a P/E ratio of -22.89, a P/E/G ratio of 1.80 and a beta of 0.61. 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 (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 for the quarter, compared to analysts' expectations of $663.87 million. During the same period in the prior year, the firm earned $0.32 earnings per share. The firm's quarterly revenue was up .9% on a year-over-year basis. On average, equities analysts predict that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.
Americold Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.22 per share. The ex-dividend date was Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a yield of 3.81%. Americold Realty Trust's dividend payout ratio (DPR) is -87.13%.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Truist Financial lifted their price objective on Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a research report on Friday, August 16th. Robert W. Baird cut their price objective on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, November 8th. Royal Bank of Canada cut their price objective on 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. Evercore ISI lifted their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 28th. Finally, Scotiabank lifted their target price on shares of Americold Realty Trust from $30.00 to $31.00 and gave the stock a "sector outperform" rating in a research note on Monday, August 19th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average target price of $30.55.
Read Our Latest Stock Report on COLD
Americold Realty Trust Profile
(
Free Report)
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.
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