Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. reduced its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 28.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 49,884 shares of the company's stock after selling 20,311 shares during the quarter. Lecap Asset Management Ltd.'s holdings in Americold Realty Trust were worth $1,410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1832 Asset Management L.P. grew its stake in shares of Americold Realty Trust by 9.2% during the 1st quarter. 1832 Asset Management L.P. now owns 438,289 shares of the company's stock worth $10,922,000 after purchasing an additional 36,811 shares during the period. Centersquare Investment Management LLC grew its stake in shares of Americold Realty Trust by 100.3% during the 1st quarter. Centersquare Investment Management LLC now owns 1,798,751 shares of the company's stock worth $44,825,000 after purchasing an additional 900,815 shares during the period. Sei Investments Co. grew its stake in shares of Americold Realty Trust by 14.2% during the 1st quarter. Sei Investments Co. now owns 1,627,556 shares of the company's stock worth $40,559,000 after purchasing an additional 201,911 shares during the period. Swiss National Bank grew its stake in shares of Americold Realty Trust by 5.1% during the 1st quarter. Swiss National Bank now owns 559,700 shares of the company's stock worth $13,948,000 after purchasing an additional 27,100 shares during the period. Finally, Edgestream Partners L.P. acquired a new stake in Americold Realty Trust in the 1st quarter valued at $1,401,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on COLD shares. Barclays dropped their target price on shares of Americold Realty Trust from $26.00 to $25.00 and set an "equal weight" rating for the company in a report on Wednesday, August 14th. Evercore ISI boosted their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research report on Wednesday, August 28th. Truist Financial boosted 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. Scotiabank boosted 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 research report on Monday, August 19th. Finally, JPMorgan Chase & Co. raised shares of Americold Realty Trust from a "neutral" rating to an "overweight" rating and set a $30.00 price target on the stock in a research report on Wednesday, June 26th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $30.91.

Americold Realty Trust Trading Down 0.6 %

COLD traded down $0.15 during midday trading on Thursday, hitting $26.31. The company's stock had a trading volume of 684,762 shares, compared to its average volume of 2,173,777. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.21. The firm has a market cap of $7.47 billion, a P/E ratio of -22.49, a PEG ratio of 1.77 and a beta of 0.60. The firm has a 50-day moving average price of $28.17 and a two-hundred day moving average price of $26.69. Americold Realty Trust, Inc. has a 52-week low of $21.87 and a 52-week high of $30.92.

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

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.22 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.34%. Americold Realty Trust's dividend payout ratio (DPR) is -75.21%.

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.