Dark Forest Capital Management LP Takes $569,000 Position in Americold Realty Trust, Inc. (NYSE:COLD)

Dark Forest Capital Management LP bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,585 shares of the company's stock, valued at approximately $569,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Barclays PLC boosted its holdings in Americold Realty Trust by 22.3% during the 3rd quarter. Barclays PLC now owns 98,739 shares of the company's stock valued at $2,791,000 after acquiring an additional 18,015 shares during the period. Tidal Investments LLC grew its holdings in shares of Americold Realty Trust by 51.2% in the third quarter. Tidal Investments LLC now owns 91,203 shares of the company's stock valued at $2,578,000 after purchasing an additional 30,875 shares in the last quarter. Franklin Resources Inc. increased its stake in Americold Realty Trust by 14.4% during the 3rd quarter. Franklin Resources Inc. now owns 245,110 shares of the company's stock worth $6,564,000 after buying an additional 30,831 shares during the period. JPMorgan Chase & Co. lifted its holdings in Americold Realty Trust by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,272,052 shares of the company's stock worth $35,961,000 after buying an additional 48,525 shares in the last quarter. Finally, Everence Capital Management Inc. acquired a new stake in Americold Realty Trust during the 4th quarter worth approximately $239,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD traded down $0.01 on Tuesday, reaching $20.11. The company's stock had a trading volume of 1,765,626 shares, compared to its average volume of 2,179,198. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. Americold Realty Trust, Inc. has a 52-week low of $16.67 and a 52-week high of $30.45. The stock's 50-day moving average is $20.89 and its two-hundred day moving average is $22.16. The stock has a market capitalization of $5.73 billion, a P/E ratio of -59.15, a PEG ratio of 1.66 and a beta of 0.77.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. The firm had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. As a group, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were issued a $0.23 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a yield of 4.57%. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Scotiabank cut their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a research report on Thursday, April 10th. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price target for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Finally, Citigroup lowered their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $28.00.

About Americold Realty Trust

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.