Americold Realty Trust, Inc. (NYSE:COLD) Short Interest Up 6.1% in October

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 7,600,000 shares, an increase of 6.1% from the September 30th total of 7,160,000 shares. Based on an average daily volume of 1,700,000 shares, the short-interest ratio is presently 4.5 days.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Robert W. Baird increased their price target on shares of Americold Realty Trust from $29.00 to $31.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Wells Fargo & Company raised their price objective on Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 28th. Barclays lifted their price objective on Americold Realty Trust from $25.00 to $28.00 and gave the stock an "equal weight" rating in a report on Monday. Scotiabank lifted their price target on 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. Finally, Evercore ISI raised their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an "outperform" rating in a report on Wednesday, August 28th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $31.18.

Institutional Trading of Americold Realty Trust

Large investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Americold Realty Trust by 134.1% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,105,589 shares of the company's stock valued at $27,551,000 after purchasing an additional 633,335 shares during the period. State of Alaska Department of Revenue increased its holdings in Americold Realty Trust by 5.6% during the first quarter. State of Alaska Department of Revenue now owns 135,202 shares of the company's stock valued at $3,368,000 after buying an additional 7,213 shares during the last quarter. Norden Group LLC purchased a new position in shares of Americold Realty Trust during the 1st quarter worth $220,000. HB Wealth Management LLC bought a new stake in shares of Americold Realty Trust during the 1st quarter valued at $526,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Americold Realty Trust by 65.9% in the 1st quarter. BNP Paribas Financial Markets now owns 245,802 shares of the company's stock worth $6,125,000 after purchasing an additional 97,601 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

Americold Realty Trust Stock Down 1.1 %

COLD stock traded down $0.29 during trading on Friday, hitting $25.39. 1,093,219 shares of the stock traded hands, compared to its average volume of 2,159,211. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.16 and a quick ratio of 0.16. The stock has a market cap of $7.21 billion, a price-to-earnings ratio of -25.42, a price-to-earnings-growth ratio of 1.71 and a beta of 0.60. Americold Realty Trust has a 1 year low of $21.87 and a 1 year high of $30.92. The firm's 50 day moving average is $27.89 and its two-hundred day moving average is $26.75.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.54). Americold Realty Trust had a negative net margin of 10.60% and a negative return on equity of 7.74%. The company had revenue of $660.96 million for the quarter, compared to the consensus estimate of $653.74 million. During the same quarter in the prior year, the company posted $0.28 EPS. Americold Realty Trust's revenue was up 1.7% on a year-over-year basis. On average, sell-side analysts anticipate that Americold Realty Trust will post 1.39 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid 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 3.47%. Americold Realty Trust's dividend payout ratio is presently -87.13%.

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.

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