Jane Street Group LLC Lowers Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Jane Street Group LLC trimmed its position in Americold Realty Trust, Inc. (NYSE:COLD) by 51.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,642 shares of the company’s stock after selling 69,212 shares during the period. Jane Street Group LLC’s holdings in Americold Realty Trust were worth $1,405,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arizona State Retirement System grew its position in Americold Realty Trust by 0.8% in the 4th quarter. Arizona State Retirement System now owns 78,343 shares of the company’s stock valued at $1,677,000 after buying an additional 644 shares during the last quarter. Treasurer of the State of North Carolina grew its position in Americold Realty Trust by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company’s stock valued at $2,674,000 after buying an additional 780 shares during the last quarter. Pinebridge Investments L.P. grew its position in Americold Realty Trust by 4.3% in the 4th quarter. Pinebridge Investments L.P. now owns 25,257 shares of the company’s stock valued at $540,000 after buying an additional 1,045 shares during the last quarter. Capital Insight Partners LLC grew its position in Americold Realty Trust by 7.2% in the 4th quarter. Capital Insight Partners LLC now owns 17,022 shares of the company’s stock valued at $364,000 after buying an additional 1,140 shares during the last quarter. Finally, Garner Asset Management Corp grew its position in Americold Realty Trust by 3.1% in the 4th quarter. Garner Asset Management Corp now owns 37,949 shares of the company’s stock valued at $812,000 after buying an additional 1,156 shares during the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Trading Down 0.7%

NYSE:COLD opened at $18.07 on Tuesday. The company has a market capitalization of $5.14 billion, a PE ratio of -53.15, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95. 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 52-week low of $16.56 and a 52-week high of $30.45. The stock has a fifty day simple moving average of $19.76 and a 200-day simple moving average of $21.34.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $628.98 million for the quarter, compared to analyst estimates of $667.18 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period last year, the firm earned $0.37 EPS. On average, equities research analysts expect that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date was Friday, March 28th. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. Americold Realty Trust’s dividend payout ratio (DPR) is currently -213.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on COLD shares. Scotiabank reiterated a “sector perform” rating and issued a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. Wells Fargo & Company reduced their target price on Americold Realty Trust from $23.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday. Robert W. Baird reduced their target price on Americold Realty Trust from $27.00 to $23.00 and set an “outperform” rating for the company in a report on Friday. Citigroup reduced their target price on Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Friday, March 21st. Finally, Barclays raised Americold Realty Trust from an “equal weight” rating to an “overweight” rating and reduced their target price for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.09.

Insider Buying and Selling

In related news, CEO George F. Jr. Chappelle acquired 110,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $17.99 per share, for a total transaction of $1,978,900.00. Following the transaction, the chief executive officer now owns 110,000 shares in the company, valued at $1,978,900. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jay Wells acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average price of $17.91 per share, with a total value of $179,100.00. Following the transaction, the chief financial officer now owns 10,000 shares in the company, valued at $179,100. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.23% 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.