Americold Realty Trust Inc. $COLD Stock Holdings Lifted by Blair William & Co. IL

Blair William & Co. IL raised its position in Americold Realty Trust Inc. (NYSE:COLD) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,936 shares of the company’s stock after purchasing an additional 2,651 shares during the quarter. Blair William & Co. IL’s holdings in Americold Realty Trust were worth $747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS grew its stake in Americold Realty Trust by 8.0% in the second quarter. KLP Kapitalforvaltning AS now owns 56,800 shares of the company’s stock valued at $956,000 after purchasing an additional 4,200 shares in the last quarter. LDR Capital Management LLC purchased a new position in Americold Realty Trust in the second quarter valued at about $1,106,000. Vanderbilt University grew its stake in Americold Realty Trust by 54.3% in the second quarter. Vanderbilt University now owns 73,146 shares of the company’s stock valued at $1,216,000 after purchasing an additional 25,731 shares in the last quarter. Lecap Asset Management Ltd. purchased a new position in Americold Realty Trust in the second quarter valued at about $337,000. Finally, Vert Asset Management LLC grew its stake in Americold Realty Trust by 1.0% in the second quarter. Vert Asset Management LLC now owns 124,482 shares of the company’s stock valued at $2,070,000 after purchasing an additional 1,247 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

NYSE COLD opened at $13.67 on Friday. Americold Realty Trust Inc. has a twelve month low of $11.90 and a twelve month high of $27.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.12 and a current ratio of 0.12. The stock has a market capitalization of $3.89 billion, a PE ratio of -71.95, a P/E/G ratio of 4.34 and a beta of 0.81. The stock has a 50-day simple moving average of $13.71 and a 200 day simple moving average of $16.27.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.The business had revenue of $650.75 million during the quarter, compared to analysts’ expectations of $644.95 million. During the same quarter in the previous year, the firm earned $0.38 EPS. The firm’s revenue was down 1.5% compared to the same quarter last year. Research analysts anticipate that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Americold Realty Trust’s payout ratio is currently -484.21%.

Wall Street Analyst Weigh In

A number of research analysts have commented on COLD shares. JPMorgan Chase & Co. restated an “underweight” rating and issued a $15.00 target price (down previously from $17.00) on shares of Americold Realty Trust in a research note on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Americold Realty Trust in a research note on Wednesday, October 8th. Scotiabank decreased their price target on Americold Realty Trust from $20.00 to $16.00 and set a “sector perform” rating for the company in a research note on Friday, September 5th. Truist Financial decreased their price target on Americold Realty Trust from $20.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday, September 25th. Finally, KeyCorp decreased their price target on Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a research note on Friday, October 3rd. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $18.31.

Americold Realty Trust Profile

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.