Quantbot Technologies LP boosted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 39.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 145,956 shares of the company's stock after acquiring an additional 41,178 shares during the period. Quantbot Technologies LP owned 0.05% of Americold Realty Trust worth $4,126,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its stake in shares of Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock valued at $28,000 after purchasing an additional 961 shares during the period. GAMMA Investing LLC boosted its stake in shares of Americold Realty Trust by 189.9% during 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 during the period. Loomis Sayles & Co. L P purchased a new stake in shares of Americold Realty Trust during the third quarter valued at $55,000. Blue Trust Inc. boosted its stake in shares of Americold Realty Trust by 2,727.4% during the second 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 during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Americold Realty Trust in the second quarter valued at about $85,000. Institutional investors own 98.14% of the company's stock.
Americold Realty Trust Stock Up 2.2 %
Shares of COLD traded up $0.51 during mid-day trading on Wednesday, hitting $24.17. 417,651 shares of the company traded hands, compared to its average volume of 2,192,408. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $6.87 billion, a PE ratio of -23.43, a price-to-earnings-growth ratio of 1.89 and a beta of 0.61. The business has a 50 day moving average of $25.83 and a 200 day moving average of $26.88.
Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.35). The firm had revenue of $674.17 million during the quarter, compared to analysts' expectations of $663.87 million. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. Americold Realty Trust's quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 EPS. Equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.
Americold Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors 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 dividend on an annualized basis and a yield of 3.64%. Americold Realty Trust's dividend payout ratio is currently -87.13%.
Analyst Upgrades and Downgrades
COLD has been the subject of several recent research reports. Evercore ISI lifted their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a report on Wednesday, August 28th. Wells Fargo & Company lifted their price objective on Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a report on Wednesday, August 28th. Truist Financial lifted their price objective on Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a report on Friday, August 16th. 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. Finally, Scotiabank boosted 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 report on Monday, August 19th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Americold Realty Trust currently has an average rating of "Moderate Buy" and an average target price of $30.55.
Check Out Our Latest Stock Analysis on COLD
Americold Realty Trust Company Profile
(
Free Report)
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.
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