Axa S.A. Has $1.35 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Axa S.A. lowered its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 91.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,736 shares of the company’s stock after selling 559,084 shares during the period. Axa S.A.’s holdings in Americold Realty Trust were worth $1,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Capital Insight Partners LLC increased its holdings in Americold Realty Trust by 2.6% in the second quarter. Capital Insight Partners LLC now owns 15,274 shares of the company’s stock worth $390,000 after buying an additional 380 shares during the last quarter. Moors & Cabot Inc. grew its position in Americold Realty Trust by 2.3% in 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 in the last quarter. Signaturefd LLC increased 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 purchasing an additional 740 shares during the last quarter. Yousif Capital Management LLC raised its holdings in shares of Americold Realty Trust by 6.6% during the 1st quarter. Yousif Capital Management LLC now owns 12,429 shares of the company’s stock valued at $310,000 after purchasing an additional 768 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its holdings in shares of Americold Realty Trust by 3.6% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 30,989 shares of the company’s stock valued at $772,000 after purchasing an additional 1,091 shares in the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Down 1.7 %

COLD opened at $27.79 on Wednesday. The company has a market capitalization of $7.89 billion, a P/E ratio of -23.75, a P/E/G ratio of 1.90 and a beta of 0.60. The firm’s fifty day moving average price is $29.01 and its two-hundred day moving average price is $26.43. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $30.92. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.16 and a quick ratio of 0.16.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $653.74 million. During the same period in the prior year, the business earned $0.28 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, analysts anticipate that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders 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 3.17%. The ex-dividend date of this dividend is Monday, September 30th. Americold Realty Trust’s dividend payout ratio is presently -75.21%.

Analyst Ratings Changes

COLD has been the topic of several analyst reports. Wells Fargo & Company increased their target price on shares of 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. Truist Financial increased their price target on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a report on Friday, August 16th. Scotiabank raised their price target on Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a research report on Monday, August 19th. Evercore ISI boosted their price objective 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. Finally, Barclays lowered their target price on Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 14th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company 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.