Americold Realty Trust Inc. $COLD Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lessened its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 30.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 11,630 shares of the company’s stock after selling 5,116 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Americold Realty Trust were worth $193,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of COLD. Massachusetts Financial Services Co. MA raised its stake in shares of Americold Realty Trust by 649.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,158,779 shares of the company’s stock worth $89,247,000 after buying an additional 3,603,716 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Americold Realty Trust by 1,567.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,960,873 shares of the company’s stock worth $63,541,000 after buying an additional 2,783,264 shares in the last quarter. Nuveen LLC bought a new stake in shares of Americold Realty Trust in the 1st quarter worth $33,751,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Americold Realty Trust in the 1st quarter worth $33,013,000. Finally, Private Management Group Inc. bought a new stake in shares of Americold Realty Trust in the 1st quarter worth $27,860,000. Institutional investors own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

COLD has been the topic of a number of research reports. Truist Financial dropped their price objective on Americold Realty Trust from $20.00 to $17.00 and set a “buy” rating on the stock in a research note on Thursday, September 25th. UBS Group started coverage on Americold Realty Trust in a research report on Tuesday, October 14th. They set a “neutral” rating and a $14.00 target price on the stock. Zacks Research lowered Americold Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Wells Fargo & Company cut their target price on Americold Realty Trust from $18.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 27th. Finally, KeyCorp cut their target price on Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating on the stock in a research report on Friday, October 3rd. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $18.08.

Americold Realty Trust Stock Performance

COLD opened at $13.74 on Friday. The company has a market cap of $3.91 billion, a PE ratio of -72.32, a price-to-earnings-growth ratio of 4.37 and a beta of 0.81. The stock has a 50-day moving average of $13.58 and a 200-day moving average of $16.01. Americold Realty Trust Inc. has a 52-week low of $11.90 and a 52-week high of $26.42. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.12 and a current ratio of 0.12.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The company had revenue of $650.75 million during the quarter, compared to the consensus estimate of $644.95 million. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.The firm’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 EPS. As a group, equities research analysts forecast that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

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

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.