Foresight Group Ltd Liability Partnership Invests $566,000 in Americold Realty Trust, Inc. (NYSE:COLD)

Foresight Group Ltd Liability Partnership purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 22,168 shares of the company’s stock, valued at approximately $566,000.

A number of other large investors have also modified their holdings of the business. Capital Insight Partners LLC grew its stake in shares of Americold Realty Trust by 2.6% during the second quarter. Capital Insight Partners LLC now owns 15,274 shares of the company’s stock worth $390,000 after acquiring an additional 380 shares during the last quarter. Moors & Cabot Inc. grew its stake in shares of Americold Realty Trust by 2.3% during the second quarter. Moors & Cabot Inc. now owns 17,340 shares of the company’s stock worth $443,000 after acquiring an additional 390 shares during the last quarter. Signaturefd LLC grew its stake in shares of Americold Realty Trust by 22.7% during 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 last quarter. Yousif Capital Management LLC grew its stake in shares of Americold Realty Trust by 6.6% during the first quarter. Yousif Capital Management LLC now owns 12,429 shares of the company’s stock worth $310,000 after acquiring an additional 768 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of Americold Realty Trust by 3.6% during the first quarter. B. Riley Wealth Advisors Inc. now owns 30,989 shares of the company’s stock worth $772,000 after acquiring an additional 1,091 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.1 %

Americold Realty Trust stock opened at $28.28 on Thursday. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.21. Americold Realty Trust, Inc. has a 12 month low of $21.87 and a 12 month high of $33.24. The stock’s 50 day simple moving average is $28.91 and its two-hundred day simple moving average is $26.27. The firm has a market cap of $8.03 billion, a PE ratio of -24.17, a P/E/G ratio of 1.99 and a beta of 0.60.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.31 by ($0.54). The company had revenue of $660.96 million during the quarter, compared to analysts’ expectations of $653.74 million. Americold Realty Trust had a negative return on equity of 7.74% and a negative net margin of 10.60%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 EPS. Analysts anticipate that Americold Realty Trust, Inc. will post 1.35 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend is Monday, September 30th. Americold Realty Trust’s payout ratio is -75.21%.

Analyst Upgrades and Downgrades

COLD has been the topic of a number of recent research reports. Evercore ISI upped their target price on Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. Wells Fargo & Company upped their target price on 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. Barclays dropped their target price on Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 14th. Truist Financial upped 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. Finally, Wolfe Research upgraded Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 target price on the stock in a research report on Monday, July 1st. Two equities research 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 presently has a consensus rating of “Moderate Buy” and an average price target of $30.91.

Americold Realty Trust Company 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.