29,592 Shares in Americold Realty Trust, Inc. (NYSE:COLD) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 29,592 shares of the company's stock, valued at approximately $8,370,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COLD. GAMMA Investing LLC raised 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 worth $32,000 after buying an additional 735 shares in the last quarter. Blue Trust Inc. raised its position in shares of Americold Realty Trust by 2,727.4% in the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock worth $75,000 after acquiring an additional 2,891 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Americold Realty Trust during the 2nd quarter worth $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 purchasing an additional 740 shares during the last quarter. Finally, CIBC Asset Management Inc purchased a new position in Americold Realty Trust in the second quarter valued at about $204,000. Institutional investors own 98.14% of the company's stock.

Americold Realty Trust Stock Performance

Shares of COLD traded down $0.22 during mid-day trading on Friday, reaching $25.46. The company had a trading volume of 736,088 shares, compared to its average volume of 2,157,527. The stock has a 50 day moving average of $27.89 and a two-hundred day moving average of $26.75. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $7.23 billion, a P/E ratio of -25.42, a PEG ratio of 1.71 and a beta of 0.60. 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 announced 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 during the quarter, compared to analyst estimates of $653.74 million. During the same quarter last year, the business earned $0.28 EPS. The firm's revenue for the quarter was up 1.7% compared to the same quarter last year. On average, analysts expect that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.22 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.46%. Americold Realty Trust's dividend payout ratio (DPR) is presently -87.13%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on COLD. Robert W. Baird increased their price objective on Americold Realty Trust from $29.00 to $31.00 and gave the company an "outperform" rating in a report on Friday, August 9th. Wells Fargo & Company raised their price target 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. Truist Financial upped their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a report on Friday, August 16th. Scotiabank lifted their target price on shares of 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, Barclays upped their price target on shares of Americold Realty Trust from $25.00 to $28.00 and gave the company an "equal weight" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $31.18.

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.