Quarry LP Has $220,000 Position in Americold Realty Trust, Inc. (NYSE:COLD)

Quarry LP grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 1,206.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,599 shares of the company’s stock after purchasing an additional 7,941 shares during the quarter. Quarry LP’s holdings in Americold Realty Trust were worth $220,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 1832 Asset Management L.P. grew its position in shares of Americold Realty Trust by 9.2% in the first quarter. 1832 Asset Management L.P. now owns 438,289 shares of the company’s stock valued at $10,922,000 after purchasing an additional 36,811 shares during the last quarter. Centersquare Investment Management LLC grew its position in shares of Americold Realty Trust by 100.3% in the first quarter. Centersquare Investment Management LLC now owns 1,798,751 shares of the company’s stock valued at $44,825,000 after purchasing an additional 900,815 shares during the last quarter. Sei Investments Co. grew its position in shares of Americold Realty Trust by 14.2% in the first quarter. Sei Investments Co. now owns 1,627,556 shares of the company’s stock valued at $40,559,000 after purchasing an additional 201,911 shares during the last quarter. Swiss National Bank grew its position in shares of Americold Realty Trust by 5.1% in the first quarter. Swiss National Bank now owns 559,700 shares of the company’s stock valued at $13,948,000 after purchasing an additional 27,100 shares during the last quarter. Finally, Cibc World Markets Corp acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at about $2,683,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Down 1.1 %

NYSE COLD opened at $28.28 on Tuesday. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average is $29.02 and its two-hundred day moving average is $26.40. The company has a market capitalization of $8.03 billion, a price-to-earnings ratio of -24.17, a PEG ratio of 1.90 and a beta of 0.60. Americold Realty Trust, Inc. has a 1-year low of $21.87 and a 1-year high of $30.92.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.54). Americold Realty Trust had a negative net margin of 10.60% and a negative return on equity of 7.74%. The firm had revenue of $660.96 million during the quarter, compared to the consensus estimate of $653.74 million. During the same quarter last year, the firm posted $0.28 EPS. The business’s revenue was up 1.7% on a year-over-year basis. Equities analysts forecast that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The company 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 $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Monday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -75.21%.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of recent research reports. Robert W. Baird lifted their target price on Americold Realty Trust from $29.00 to $31.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Truist Financial lifted their target price 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 decreased 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. Wells Fargo & Company lifted their target price on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th. Finally, Evercore ISI lifted their target price on Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Two 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 currently has a consensus rating of “Moderate Buy” and a consensus 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.