Oppenheimer Asset Management Inc. Sells 13,668 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Oppenheimer Asset Management Inc. lessened its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 17.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,760 shares of the company's stock after selling 13,668 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Americold Realty Trust were worth $1,343,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in COLD. Assetmark Inc. raised its position in Americold Realty Trust by 2,288.1% in the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company's stock worth $28,000 after buying an additional 961 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after purchasing an additional 2,033 shares during the period. Loomis Sayles & Co. L P purchased a new stake in Americold Realty Trust in the third quarter worth approximately $55,000. Capital Performance Advisors LLP bought a new stake in Americold Realty Trust in the 3rd quarter worth approximately $128,000. Finally, Blue Trust Inc. raised its stake in Americold Realty Trust by 100.6% during the 4th quarter. Blue Trust Inc. now owns 7,783 shares of the company's stock valued at $167,000 after buying an additional 3,903 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Price Performance

COLD traded up $0.18 on Friday, hitting $22.67. 2,192,113 shares of the company's stock traded hands, compared to its average volume of 2,086,853. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. The company's 50 day simple moving average is $21.71 and its 200-day simple moving average is $24.39. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of -66.66, a P/E/G ratio of 1.66 and a beta of 0.61.

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Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.27. The company had revenue of $666.44 million during the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. As a group, research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust's payout ratio is -258.82%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Raymond James cut their price objective on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Wednesday, December 11th. Robert W. Baird cut their price target on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a research note on Friday, November 8th. Scotiabank reduced their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set a "sector outperform" rating for the company in a research report on Tuesday, December 10th. Truist Financial dropped their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, December 5th. Finally, Barclays reduced their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, November 18th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average target price of $29.17.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.