Foresight Group Ltd Liability Partnership Purchases 51,372 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Foresight Group Ltd Liability Partnership increased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 231.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,540 shares of the company's stock after purchasing an additional 51,372 shares during the period. Americold Realty Trust makes up about 0.9% of Foresight Group Ltd Liability Partnership's holdings, making the stock its 17th biggest position. Foresight Group Ltd Liability Partnership's holdings in Americold Realty Trust were worth $2,079,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in COLD. GAMMA Investing LLC increased its stake in Americold Realty Trust by 189.9% in the third 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. raised its stake 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 worth $75,000 after buying an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Americold Realty Trust in the second quarter worth approximately $85,000. Signaturefd LLC grew its stake in Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after acquiring an additional 740 shares during the period. Finally, CIBC Asset Management Inc acquired a new stake in Americold Realty Trust in the second quarter valued at approximately $204,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Performance

Shares of NYSE COLD traded up $0.20 during midday trading on Wednesday, reaching $26.48. The company's stock had a trading volume of 1,225,536 shares, compared to its average volume of 2,181,039. The stock has a market capitalization of $7.52 billion, a P/E ratio of -22.63, a PEG ratio of 1.77 and a beta of 0.60. 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 firm has a 50 day moving average price of $28.21 and a 200-day moving average price of $26.69. Americold Realty Trust, Inc. has a 12-month low of $21.87 and a 12-month high of $30.92.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $653.74 million. During the same period in the prior year, the firm posted $0.28 EPS. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. As a group, equities analysts predict that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.32%. The ex-dividend date was Monday, September 30th. Americold Realty Trust's dividend payout ratio is -75.21%.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of research reports. Robert W. Baird upped their target price on Americold Realty Trust from $29.00 to $31.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Barclays dropped their price objective on shares of Americold Realty Trust from $26.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 14th. JPMorgan Chase & Co. raised shares of Americold Realty Trust from a "neutral" rating to an "overweight" rating and set a $30.00 target price for the company in a research report on Wednesday, June 26th. Truist Financial raised their price target on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, August 16th. Finally, Wells Fargo & Company boosted their price objective on Americold Realty Trust from $24.00 to $30.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, Americold Realty Trust currently has an average rating of "Moderate Buy" and an average target price of $30.91.

Americold Realty Trust 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.