Presima Securities ULC Makes New Investment in Americold Realty Trust, Inc. (NYSE:COLD)

Presima Securities ULC acquired a new position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 126,970 shares of the company's stock, valued at approximately $3,589,000. Americold Realty Trust makes up 0.8% of Presima Securities ULC's portfolio, making the stock its 18th largest holding.

Several other large investors also recently made changes to their positions in the business. GAMMA Investing LLC grew its holdings in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock valued at $32,000 after purchasing an additional 735 shares in the last quarter. Blue Trust Inc. grew its holdings in 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 purchasing an additional 2,891 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Americold Realty Trust during the 2nd quarter valued at $85,000. Signaturefd LLC grew its holdings in Americold Realty Trust by 22.7% during the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after purchasing an additional 740 shares in the last quarter. Finally, CIBC Asset Management Inc acquired a new stake in Americold Realty Trust during the 2nd quarter valued at $204,000. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Stock Performance

Shares of Americold Realty Trust stock traded down $0.13 during trading hours on Thursday, reaching $26.90. The company's stock had a trading volume of 2,523,247 shares, compared to its average volume of 2,201,420. The company's 50 day simple moving average is $28.43 and its 200 day simple moving average is $26.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.16 and a current ratio of 0.16. Americold Realty Trust, Inc. has a one year low of $21.87 and a one year high of $30.92. The stock has a market cap of $7.64 billion, a P/E ratio of -23.10, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60.

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

Americold Realty Trust Announces Dividend

The company 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. This represents a $0.88 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust's payout ratio is -75.21%.

Analysts Set New Price Targets

COLD has been the subject of a number of recent analyst reports. Scotiabank raised their price target on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a "sector outperform" rating in a report on Monday, August 19th. JPMorgan Chase & Co. upgraded shares of Americold Realty Trust from a "neutral" rating to an "overweight" rating and set a $30.00 price objective on the stock in a research note on Wednesday, June 26th. Evercore ISI increased their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. Robert W. Baird increased their price objective on shares of Americold Realty Trust from $29.00 to $31.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Finally, Truist Financial increased their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, August 16th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.91.

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.