Blair William & Co. IL Has $1.51 Million Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Blair William & Co. IL trimmed its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 17.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,190 shares of the company’s stock after selling 12,808 shares during the period. Blair William & Co. IL’s holdings in Americold Realty Trust were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. boosted its position 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 worth $75,000 after buying an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Americold Realty Trust during the 2nd quarter worth approximately $85,000. Signaturefd LLC grew its stake in shares of Americold Realty Trust by 22.7% during the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after acquiring an additional 740 shares in the last quarter. CIBC Asset Management Inc bought a new position in shares of Americold Realty Trust during the 2nd quarter worth approximately $204,000. Finally, Norden Group LLC acquired a new stake in shares of Americold Realty Trust in the first quarter valued at approximately $220,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $28.83 on Tuesday. The company has a market capitalization of $8.19 billion, a price-to-earnings ratio of -24.64, a PEG ratio of 1.99 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.16 and a current ratio of 0.16. Americold Realty Trust, Inc. has a 52 week low of $21.87 and a 52 week high of $31.88. The company has a 50-day simple moving average of $28.98 and a 200 day simple moving average of $26.33.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.54). The firm had revenue of $660.96 million for the quarter, compared to analyst estimates 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 business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. On average, sell-side analysts predict 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. Shareholders of record on Monday, September 30th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.05%. Americold Realty Trust’s payout ratio is presently -75.21%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. 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 note on Wednesday, August 28th. Robert W. Baird upped their target price on Americold Realty Trust from $29.00 to $31.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Truist Financial boosted their price target on Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Barclays dropped their price objective on Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 14th. Finally, Scotiabank raised their target price on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a research note on Monday, August 19th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.91.

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.