Natixis Advisors LLC Has $1.50 Million Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Natixis Advisors LLC increased its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 7.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,053 shares of the company’s stock after buying an additional 3,456 shares during the period. Natixis Advisors LLC’s holdings in Americold Realty Trust were worth $1,500,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its holdings in Americold Realty Trust by 3.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 133,694 shares of the company’s stock valued at $3,332,000 after acquiring an additional 4,544 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in Americold Realty Trust by 3.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 30,989 shares of the company’s stock valued at $772,000 after buying an additional 1,091 shares during the last quarter. Tidal Investments LLC grew its holdings in Americold Realty Trust by 479.9% in the 1st quarter. Tidal Investments LLC now owns 90,374 shares of the company’s stock valued at $2,252,000 after buying an additional 74,790 shares during the last quarter. Garner Asset Management Corp increased its position in Americold Realty Trust by 17.4% in the 1st quarter. Garner Asset Management Corp now owns 32,003 shares of the company’s stock worth $798,000 after buying an additional 4,733 shares during the period. Finally, Walleye Trading LLC acquired a new position in shares of Americold Realty Trust during the first quarter worth approximately $249,000. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on COLD shares. Scotiabank boosted their target price on shares of Americold Realty Trust from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 19th. Evercore ISI boosted their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Truist Financial increased their target price on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Royal Bank of Canada decreased their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. Finally, Robert W. Baird cut their price target on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.55.

Americold Realty Trust Stock Up 3.9 %

NYSE COLD opened at $24.00 on Tuesday. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92. The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of -23.76, a PEG ratio of 1.81 and a beta of 0.61. The stock’s 50 day moving average is $26.01 and its two-hundred day moving average is $26.88. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.35). Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The company had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same period in the prior year, the firm earned $0.32 EPS. Americold Realty Trust’s quarterly revenue was up .9% compared to the same quarter last year. 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 was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.67%. The ex-dividend date was Monday, September 30th. Americold Realty Trust’s payout ratio is -87.13%.

About Americold Realty Trust

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.