Americold Realty Trust, Inc. (NYSE:COLD) Short Interest Update

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 5,860,000 shares, a decrease of 36.3% from the January 31st total of 9,200,000 shares. Based on an average trading volume of 2,030,000 shares, the short-interest ratio is currently 2.9 days.

Wall Street Analysts Forecast Growth

COLD has been the topic of several analyst reports. Truist Financial reduced their price objective on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, December 5th. Citigroup cut their target price on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a research report on Wednesday, December 4th. Royal Bank of Canada lowered their price target on Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research report on Wednesday, November 13th. Raymond James cut 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 research report on Wednesday, December 11th. Finally, Robert W. Baird reduced their target price 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. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of "Moderate Buy" and an average target price of $29.17.

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Insider Transactions at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the business's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value of $41,567.04. Following the sale, the senior vice president now directly owns 1,837 shares in the company, valued at $41,589.68. The trade was a 49.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.17% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arizona State Retirement System lifted its position in shares of Americold Realty Trust by 0.8% in the 4th quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock worth $1,677,000 after purchasing an additional 644 shares during the period. Moors & Cabot Inc. raised its stake in Americold Realty Trust by 4.0% in the third quarter. Moors & Cabot Inc. now owns 18,040 shares of the company's stock worth $510,000 after buying an additional 700 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in Americold Realty Trust by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company's stock worth $2,674,000 after buying an additional 780 shares during the period. KBC Group NV boosted its position in Americold Realty Trust by 12.8% during the 3rd quarter. KBC Group NV now owns 7,452 shares of the company's stock valued at $211,000 after acquiring an additional 845 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in Americold Realty Trust by 1.8% during the 3rd quarter. MML Investors Services LLC now owns 48,558 shares of the company's stock valued at $1,373,000 after acquiring an additional 882 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Trading Up 4.2 %

Americold Realty Trust stock traded up $0.92 during trading hours on Wednesday, hitting $22.89. The company had a trading volume of 2,653,599 shares, compared to its average volume of 2,084,012. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market cap of $6.51 billion, a P/E ratio of -67.32, a P/E/G ratio of 1.66 and a beta of 0.61. The company has a 50-day moving average price of $21.66 and a two-hundred day moving average price of $24.41. Americold Realty Trust has a 1 year low of $20.40 and a 1 year high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly 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 firm had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. On average, sell-side analysts anticipate that Americold Realty Trust will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors 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 3.84%. The ex-dividend date was Tuesday, December 31st. Americold Realty Trust's dividend payout ratio (DPR) is presently -258.82%.

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.