Fmr LLC Raises Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

FMR LLC lifted its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 40.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,261,431 shares of the company's stock after buying an additional 3,844,603 shares during the quarter. FMR LLC owned about 4.67% of Americold Realty Trust worth $374,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Assetmark Inc. increased its holdings in 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 acquiring an additional 961 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $32,000 after purchasing an additional 735 shares in the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of Americold Realty Trust during the 3rd quarter valued at $55,000. Blue Trust Inc. lifted its stake in shares of Americold Realty Trust by 2,727.4% during the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after buying an additional 2,891 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Americold Realty Trust during the 2nd quarter valued at $85,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COLD shares. Barclays cut their price target on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research note on Monday, November 18th. Truist Financial lifted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, August 16th. Wells Fargo & Company upped their price target on 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. Scotiabank lifted their price objective on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a "sector outperform" rating in a research report on Monday, August 19th. Finally, Royal Bank of Canada dropped their target price 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. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.55.

Americold Realty Trust Price Performance

COLD stock traded down $0.18 during trading on Friday, hitting $23.86. 1,457,228 shares of the company's stock traded hands, compared to its average volume of 2,465,614. Americold Realty Trust, Inc. has a 52 week low of $21.53 and a 52 week high of $30.92. The stock has a market capitalization of $6.78 billion, a price-to-earnings ratio of -23.62, a P/E/G ratio of 1.89 and a beta of 0.61. The business has a fifty day simple moving average of $25.56 and a 200 day simple moving average of $26.88. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) EPS 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 the consensus estimate of $663.87 million. During the same period in the previous year, the business posted $0.32 EPS. The firm's revenue was up .9% on a year-over-year basis. As a group, research analysts expect that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal 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 issued a dividend of $0.22 per share. The ex-dividend date was Monday, September 30th. This represents a $0.88 annualized dividend and a yield of 3.69%. Americold Realty Trust's payout ratio 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.