Quest Partners LLC Purchases 83,185 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Quest Partners LLC increased its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 104.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 162,515 shares of the company's stock after purchasing an additional 83,185 shares during the period. Americold Realty Trust accounts for approximately 0.4% of Quest Partners LLC's investment portfolio, making the stock its 7th biggest position. Quest Partners LLC owned approximately 0.06% of Americold Realty Trust worth $4,594,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. increased its position in Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock worth $28,000 after purchasing an additional 961 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock valued at $32,000 after buying an additional 735 shares during the period. Blue Trust Inc. lifted its holdings in Americold Realty Trust by 2,727.4% in the second quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after acquiring an additional 2,891 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Americold Realty Trust in the second quarter worth approximately $85,000. Finally, Signaturefd LLC grew its position in Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock worth $102,000 after acquiring an additional 740 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on COLD. Truist Financial lifted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, August 16th. Wells Fargo & Company upped their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 28th. Evercore ISI lifted 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. Robert W. Baird reduced their price target on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating on the stock in a research note on Friday, November 8th. Finally, Scotiabank increased their price objective on shares of Americold Realty Trust from $30.00 to $31.00 and gave the stock a "sector outperform" rating in a research report on Monday, August 19th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Americold Realty Trust presently has an average rating of "Moderate Buy" and a consensus target price of $30.55.

Americold Realty Trust Stock Down 0.3 %

Shares of Americold Realty Trust stock traded down $0.07 on Monday, reaching $21.76. 2,722,290 shares of the company were exchanged, compared to its average volume of 2,194,742. The stock's 50 day moving average price is $26.67 and its 200-day moving average price is $26.88. The company has a market cap of $6.18 billion, a P/E ratio of -21.53, a price-to-earnings-growth ratio of 1.72 and a beta of 0.61. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.16.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.35). Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The firm had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same quarter in the previous year, the business posted $0.32 earnings per share. Americold Realty Trust's revenue for the quarter was up .9% compared to the same quarter last year. As a group, equities analysts forecast that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently declared 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 was Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a yield of 4.05%. Americold Realty Trust's dividend payout ratio (DPR) is presently -87.13%.

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.