Dynamic Technology Lab Private Ltd Trims Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Dynamic Technology Lab Private Ltd lessened its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,283 shares of the company’s stock after selling 667 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Americold Realty Trust were worth $291,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Assetmark Inc. raised its holdings in shares of Americold Realty Trust by 2,288.1% in the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after buying an additional 961 shares during the period. GAMMA Investing LLC grew its position in Americold Realty Trust by 189.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after acquiring an additional 735 shares in the last quarter. Blue Trust Inc. increased its stake in 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 purchasing an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Americold Realty Trust during the second quarter worth about $85,000. Finally, Signaturefd LLC boosted its stake in shares of Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock valued at $102,000 after purchasing an additional 740 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

COLD stock opened at $23.86 on Monday. The business has a 50 day moving average price of $25.56 and a 200 day moving average price of $26.88. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of -23.62, a PEG ratio of 1.89 and a beta of 0.61. Americold Realty Trust, Inc. has a fifty-two week low of $21.53 and a fifty-two week high of $30.92.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.35). The company had revenue of $674.17 million for the quarter, compared to analysts’ expectations of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 EPS. Equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust’s payout ratio is -87.13%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company upped 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 note on Wednesday, August 28th. Evercore ISI increased their price objective on 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 decreased their target price 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. Barclays cut their price target on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Finally, Scotiabank lifted their price objective on 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 equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

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.