Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Xponance Inc.

Xponance Inc. decreased its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,774 shares of the company’s stock after selling 470 shares during the period. Xponance Inc.’s holdings in Americold Realty Trust were worth $275,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of COLD. PGGM Investments acquired a new position in Americold Realty Trust during the second quarter worth approximately $114,436,000. Long Pond Capital LP acquired a new position in Americold Realty Trust during the first quarter worth approximately $106,206,000. Principal Financial Group Inc. increased its position in Americold Realty Trust by 49.6% during the first quarter. Principal Financial Group Inc. now owns 11,698,465 shares of the company’s stock worth $291,526,000 after purchasing an additional 3,879,632 shares during the last quarter. V3 Capital Management L.P. increased its position in Americold Realty Trust by 181.5% during the first quarter. V3 Capital Management L.P. now owns 2,605,975 shares of the company’s stock worth $64,941,000 after purchasing an additional 1,680,275 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC acquired a new position in Americold Realty Trust during the first quarter worth approximately $27,996,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 1.7 %

NYSE COLD opened at $27.79 on Wednesday. Americold Realty Trust, Inc. has a 12 month low of $21.87 and a 12 month high of $30.92. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market capitalization of $7.89 billion, a price-to-earnings ratio of -23.74, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60. The company’s fifty day moving average price is $29.01 and its two-hundred day moving average price is $26.43.

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

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.17%. Americold Realty Trust’s payout ratio is currently -75.21%.

Analysts Set New Price Targets

Several brokerages recently commented on COLD. Evercore ISI upped their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. raised shares of Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a research report on Wednesday, June 26th. Barclays dropped their price objective on shares of Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 14th. Wolfe Research raised shares of Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research report on Monday, July 1st. Finally, Truist Financial increased their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.91.

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.