Blue Trust Inc. Boosts Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Blue Trust Inc. raised its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 100.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,783 shares of the company’s stock after purchasing an additional 3,903 shares during the period. Blue Trust Inc.’s holdings in Americold Realty Trust were worth $167,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of COLD. Assetmark Inc. lifted its stake in 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 in the last quarter. GAMMA Investing LLC raised its stake 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 purchasing an additional 735 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in Americold Realty Trust in the 3rd quarter valued at about $55,000. Capital Performance Advisors LLP acquired a new stake in shares of Americold Realty Trust during the 3rd quarter worth about $128,000. Finally, Signaturefd LLC grew its holdings 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 worth $132,000 after buying an additional 689 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on COLD shares. Barclays reduced their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Truist Financial lowered their price objective on 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. Scotiabank reduced their target price on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, December 10th. Robert W. Baird lowered 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. Finally, Citigroup cut 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. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.17.

Americold Realty Trust Stock Up 0.9 %

NYSE COLD opened at $21.65 on Wednesday. The stock has a market cap of $6.15 billion, a PE ratio of -21.43, a P/E/G ratio of 1.63 and a beta of 0.61. The business has a 50 day moving average price of $21.97 and a two-hundred day moving average price of $25.43. 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, Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $30.45.

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 analysts’ consensus estimates of $0.34 by ($0.35). The business 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.32 EPS. As a group, sell-side analysts predict that Americold Realty Trust, Inc. will post 1.37 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s payout ratio is currently -87.13%.

Insider Buying and Selling

In other news, SVP Robert E. Harris sold 1,836 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the completion of the transaction, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. 0.17% of the stock is currently owned by company insiders.

About Americold Realty Trust

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.