Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 4.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,013 shares of the company’s stock after selling 555 shares during the period. Yousif Capital Management LLC’s holdings in Americold Realty Trust were worth $257,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in COLD. Blue Trust Inc. boosted its stake in shares of Americold Realty Trust by 29.5% in the third quarter. Blue Trust Inc. now owns 3,880 shares of the company’s stock valued at $110,000 after purchasing an additional 883 shares during the period. Signaturefd LLC boosted its position in Americold Realty Trust by 17.3% in the 3rd quarter. Signaturefd LLC now owns 4,683 shares of the company’s stock valued at $132,000 after buying an additional 689 shares during the period. Foresight Group Ltd Liability Partnership boosted its position in Americold Realty Trust by 231.7% in the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company’s stock valued at $2,079,000 after buying an additional 51,372 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Americold Realty Trust in the third quarter worth $8,370,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Americold Realty Trust by 34.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,474 shares of the company’s stock worth $300,000 after acquiring an additional 2,703 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of COLD opened at $21.39 on Tuesday. 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 1-year low of $20.41 and a 1-year high of $30.45. The stock has a market cap of $6.08 billion, a PE ratio of -21.17, a price-to-earnings-growth ratio of 1.64 and a beta of 0.61. The firm has a fifty day moving average price of $21.64 and a 200 day moving average price of $24.93.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 4.12%. Americold Realty Trust’s dividend payout ratio is presently -87.13%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on COLD shares. Citigroup decreased their target price on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Truist Financial decreased their price objective on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Raymond James cut their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. Barclays decreased their price target on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Finally, Scotiabank dropped their price objective on shares of 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. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Americold Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $29.17.

Insiders Place Their Bets

In other 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 completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is currently owned by corporate 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.