Barclays PLC Acquires 18,015 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Barclays PLC raised its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 22.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,739 shares of the company’s stock after acquiring an additional 18,015 shares during the quarter. Barclays PLC’s holdings in Americold Realty Trust were worth $2,791,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Moors & Cabot Inc. boosted its holdings in shares of Americold Realty Trust by 2.3% during the 2nd quarter. Moors & Cabot Inc. now owns 17,340 shares of the company’s stock valued at $443,000 after acquiring an additional 390 shares in the last quarter. Capital Insight Partners LLC raised its position in Americold Realty Trust by 4.0% in the third quarter. Capital Insight Partners LLC now owns 15,882 shares of the company’s stock valued at $449,000 after purchasing an additional 608 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Americold Realty Trust by 17.3% during the third quarter. Signaturefd LLC now owns 4,683 shares of the company’s stock valued at $132,000 after purchasing an additional 689 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Americold Realty Trust by 1.0% during the third quarter. Handelsbanken Fonder AB now owns 73,900 shares of the company’s stock worth $2,089,000 after purchasing an additional 700 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after buying an additional 735 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $21.43 on Wednesday. The firm has a market capitalization of $6.09 billion, a P/E ratio of -21.22, a P/E/G ratio of 1.80 and a beta of 0.59. Americold Realty Trust, Inc. has a twelve month low of $20.98 and a twelve month high of $30.59. The company has a fifty day moving average of $23.89 and a 200-day moving average of $26.48. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last announced 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 analyst estimates of $663.87 million. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. Americold Realty Trust’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.32 EPS. As a group, sell-side analysts anticipate that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date is Tuesday, December 31st. Americold Realty Trust’s payout ratio is -87.13%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Robert W. Baird reduced their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Scotiabank decreased their price objective on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a report on Tuesday, December 10th. Royal Bank of Canada cut their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Citigroup decreased their price target on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Finally, Evercore ISI lifted their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Americold Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $29.17.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value of $41,567.04. Following the sale, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. This represents a 49.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.17% of the stock is owned by company insiders.

Americold Realty Trust 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.