Nisa Investment Advisors LLC Trims Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Nisa Investment Advisors LLC trimmed its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,068 shares of the company’s stock after selling 8,026 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Americold Realty Trust were worth $1,495,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. AQR Capital Management LLC lifted its holdings in shares of Americold Realty Trust by 2,175.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,087,628 shares of the company’s stock valued at $27,071,000 after purchasing an additional 1,039,828 shares during the last quarter. Creative Planning acquired a new position in Americold Realty Trust during the 2nd quarter valued at about $462,000. Quarry LP boosted its holdings in Americold Realty Trust by 1,206.8% in the second quarter. Quarry LP now owns 8,599 shares of the company’s stock worth $220,000 after acquiring an additional 7,941 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Americold Realty Trust during the second quarter worth about $720,000. Finally, SG Americas Securities LLC increased its holdings in shares of Americold Realty Trust by 305.8% during the third quarter. SG Americas Securities LLC now owns 35,941 shares of the company’s stock valued at $1,016,000 after acquiring an additional 27,085 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COLD has been the topic of a number of research analyst reports. Citigroup dropped their price objective on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Scotiabank dropped their price target on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, December 10th. Royal Bank of Canada reduced their price objective on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Barclays dropped their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Finally, Truist Financial reduced their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.17.

Insider Activity at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the completion of the sale, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is currently owned by insiders.

Americold Realty Trust Trading Up 3.0 %

NYSE COLD opened at $22.34 on Tuesday. The company has a 50-day moving average of $22.12 and a 200-day moving average of $25.69. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. Americold Realty Trust, Inc. has a 12 month low of $20.41 and a 12 month high of $30.45. The company has a market cap of $6.35 billion, a P/E ratio of -22.11, a P/E/G ratio of 1.60 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data 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 analysts’ expectations of $663.87 million. During the same period last year, the business earned $0.32 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, equities analysts predict that Americold Realty Trust, Inc. will post 1.37 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.22 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.94%. Americold Realty Trust’s dividend payout ratio (DPR) is presently -87.13%.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.