Janney Montgomery Scott LLC Has $761,000 Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Janney Montgomery Scott LLC boosted its stake in shares of Americold Realty Trust, Inc. (NYSE:COLDGet Rating) by 27.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,955 shares of the company’s stock after purchasing an additional 6,752 shares during the period. Janney Montgomery Scott LLC’s holdings in Americold Realty Trust were worth $761,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Venture Visionary Partners LLC acquired a new stake in shares of Americold Realty Trust in the 2nd quarter valued at approximately $27,000. SeaCrest Wealth Management LLC acquired a new position in shares of Americold Realty Trust during the 2nd quarter worth about $69,000. Quadrant Capital Group LLC raised its holdings in shares of Americold Realty Trust by 144.2% in the 2nd quarter. Quadrant Capital Group LLC now owns 3,363 shares of the company’s stock valued at $101,000 after purchasing an additional 1,986 shares during the period. Steph & Co. lifted its stake in Americold Realty Trust by 21.7% in the 2nd quarter. Steph & Co. now owns 5,266 shares of the company’s stock valued at $158,000 after purchasing an additional 939 shares during the last quarter. Finally, MetLife Investment Management LLC acquired a new stake in Americold Realty Trust in the 1st quarter valued at about $149,000. 98.98% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $30.42 on Friday. The company has a market cap of $8.20 billion, a price-to-earnings ratio of -276.55, a PEG ratio of 3.46 and a beta of 0.46. Americold Realty Trust, Inc. has a fifty-two week low of $21.49 and a fifty-two week high of $32.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a fifty day moving average price of $29.16 and a 200-day moving average price of $28.71.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 30th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, December 29th. This represents a $0.88 annualized dividend and a dividend yield of 2.89%. Americold Realty Trust’s dividend payout ratio is -800.00%.

Wall Street Analyst Weigh In

COLD has been the topic of several research analyst reports. Royal Bank of Canada dropped their price objective on Americold Realty Trust from $34.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 19th. Exane BNP Paribas started coverage on Americold Realty Trust in a report on Wednesday, December 14th. They set an “outperform” rating for the company. BNP Paribas began coverage on shares of Americold Realty Trust in a research report on Wednesday, December 14th. They set an “outperform” rating and a $38.00 price objective for the company. Bank of America upgraded shares of Americold Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $27.50 to $33.50 in a research note on Monday, November 14th. Finally, Truist Financial downgraded shares of Americold Realty Trust from a “buy” rating to a “hold” rating and set a $34.00 target price for the company. in a report on Tuesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Americold Realty Trust presently has an average rating of “Hold” and an average price target of $32.19.

Insider Activity at Americold Realty Trust

In other Americold Realty Trust news, EVP James C. Snyder, Jr. sold 3,400 shares of the company’s stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $29.86, for a total transaction of $101,524.00. Following the completion of the sale, the executive vice president now directly owns 36,812 shares in the company, valued at $1,099,206.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is currently owned by insiders.

About Americold Realty Trust

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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.

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Institutional Ownership by Quarter for Americold Realty Trust (NYSE:COLD)

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