Inceptionr LLC Makes New Investment in Americold Realty Trust, Inc. (NYSE:COLD)

Inceptionr LLC purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 43,606 shares of the company's stock, valued at approximately $933,000.

Several other large investors also recently bought and sold shares of COLD. Assetmark Inc. increased its stake in shares of Americold Realty Trust by 2,288.1% during the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company's stock worth $28,000 after purchasing an additional 961 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Americold Realty Trust in the 3rd quarter worth about $55,000. Venturi Wealth Management LLC lifted its position in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after buying an additional 2,033 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Americold Realty Trust during the 3rd quarter worth $128,000. Finally, Point72 DIFC Ltd boosted its position in shares of Americold Realty Trust by 405.7% in the third quarter. Point72 DIFC Ltd now owns 7,226 shares of the company's stock worth $204,000 after buying an additional 5,797 shares during the period. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Stock Down 3.7 %

NYSE COLD traded down $0.83 during trading on Monday, reaching $21.85. The company's stock had a trading volume of 2,899,582 shares, compared to its average volume of 2,090,704. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a 1-year low of $20.41 and a 1-year high of $30.45. The business has a 50-day moving average price of $21.74 and a 200-day moving average price of $24.28. The stock has a market capitalization of $6.21 billion, a PE ratio of -64.27, a PEG ratio of 1.66 and a beta of 0.57.

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Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.27. The firm had revenue of $666.44 million during the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. On average, research analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.22 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.03%. Americold Realty Trust's dividend payout ratio (DPR) is presently -258.82%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on COLD. Barclays decreased their target price on shares of 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. Citigroup reduced their price objective on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 4th. Scotiabank upped their target price on Americold Realty Trust from $27.00 to $28.00 and gave the company a "sector outperform" rating in a report on Monday. Truist Financial reduced their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, December 5th. Finally, Royal Bank of Canada decreased their price target on Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, November 13th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $29.25.

Americold Realty Trust Company Profile

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.