Quantbot Technologies LP Sells 94,970 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Quantbot Technologies LP trimmed its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 65.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 50,986 shares of the company's stock after selling 94,970 shares during the quarter. Quantbot Technologies LP's holdings in Americold Realty Trust were worth $1,091,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of COLD. Y Intercept Hong Kong Ltd grew its stake in shares of Americold Realty Trust by 139.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company's stock worth $1,322,000 after acquiring an additional 35,973 shares during the period. Charles Schwab Investment Management Inc. grew its position in Americold Realty Trust by 4.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company's stock worth $110,255,000 after purchasing an additional 165,667 shares during the period. Bank of New York Mellon Corp raised its stake in Americold Realty Trust by 2.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,226,026 shares of the company's stock valued at $26,237,000 after buying an additional 29,580 shares during the last quarter. AGF Management Ltd. bought a new position in shares of Americold Realty Trust during the 4th quarter valued at $2,326,000. Finally, TCW Group Inc. boosted its stake in shares of Americold Realty Trust by 21.6% in the 4th quarter. TCW Group Inc. now owns 80,892 shares of the company's stock worth $1,731,000 after buying an additional 14,386 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

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Americold Realty Trust Price Performance

Americold Realty Trust stock traded up $0.09 during mid-day trading on Friday, hitting $21.73. The stock had a trading volume of 1,266,327 shares, compared to its average volume of 2,117,991. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $6.18 billion, a P/E ratio of -63.94, a P/E/G ratio of 1.66 and a beta of 0.57. The firm's 50 day moving average is $21.84 and its 200 day moving average is $23.61.

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

Americold Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be given a dividend of $0.23 per share. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.23%. Americold Realty Trust's dividend payout ratio is currently -270.59%.

Analyst Upgrades and Downgrades

COLD has been the subject of a number of research reports. Truist Financial reduced their price objective on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, December 5th. Scotiabank increased their price objective on shares of Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a research note on Monday, March 10th. Raymond James dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Wednesday, December 11th. Finally, Citigroup reduced their target price on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Friday, March 21st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.82.

About Americold Realty Trust

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.