Americold Realty Trust, Inc. (NYSE:COLD) Stake Raised by Signaturefd LLC

Signaturefd LLC boosted its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 17.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,683 shares of the company’s stock after acquiring an additional 689 shares during the quarter. Signaturefd LLC’s holdings in Americold Realty Trust were worth $132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after buying an additional 735 shares during the period. Blue Trust Inc. raised its holdings in Americold Realty Trust by 2,727.4% during the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock worth $75,000 after buying an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Americold Realty Trust during the 2nd quarter worth about $85,000. CIBC Asset Management Inc acquired a new stake in Americold Realty Trust during the 2nd quarter worth about $204,000. Finally, Quarry LP raised its holdings in Americold Realty Trust by 1,206.8% during the 2nd quarter. Quarry LP now owns 8,599 shares of the company’s stock worth $220,000 after buying an additional 7,941 shares during the period. 98.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on COLD. Wells Fargo & Company boosted their price objective on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Robert W. Baird lifted their target price on Americold Realty Trust from $29.00 to $31.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Evercore ISI lifted their target price 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. Truist Financial lifted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, Wolfe Research raised Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research note on Monday, July 1st. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $31.18.

Americold Realty Trust Stock Up 0.3 %

Shares of COLD stock opened at $26.12 on Tuesday. Americold Realty Trust, Inc. has a 12 month low of $21.87 and a 12 month high of $30.92. The firm has a market cap of $7.42 billion, a PE ratio of -22.32, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. The stock has a 50 day moving average of $28.12 and a 200-day moving average of $26.74. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.21.

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

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.22 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.37%. Americold Realty Trust’s payout ratio is -75.21%.

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.