Americold Realty Trust, Inc. (NYSE:COLD) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its position in Americold Realty Trust, Inc. (NYSE:COLD) by 55.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,628 shares of the company’s stock after acquiring an additional 37,156 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Americold Realty Trust were worth $2,218,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of COLD. Moors & Cabot Inc. grew its holdings in shares of Americold Realty Trust by 4.0% in the third quarter. Moors & Cabot Inc. now owns 18,040 shares of the company’s stock valued at $510,000 after purchasing an additional 700 shares in the last quarter. KBC Group NV boosted its position in Americold Realty Trust by 12.8% in the 3rd quarter. KBC Group NV now owns 7,452 shares of the company’s stock valued at $211,000 after buying an additional 845 shares during the period. MML Investors Services LLC grew its stake in shares of Americold Realty Trust by 1.8% in the third quarter. MML Investors Services LLC now owns 48,558 shares of the company’s stock worth $1,373,000 after acquiring an additional 882 shares in the last quarter. Assetmark Inc. grew its stake in shares of Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after acquiring an additional 961 shares in the last quarter. Finally, Capital Insight Partners LLC increased its position in shares of Americold Realty Trust by 7.2% during the fourth quarter. Capital Insight Partners LLC now owns 17,022 shares of the company’s stock worth $364,000 after acquiring an additional 1,140 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Trading Up 2.7 %

Shares of Americold Realty Trust stock opened at $23.06 on Friday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a fifty day simple moving average of $21.56 and a 200-day simple moving average of $24.60. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of -67.81, a PEG ratio of 1.66 and a beta of 0.61. Americold Realty Trust, Inc. has a 12-month low of $20.41 and a 12-month high of $30.45.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The company had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. On average, equities analysts forecast that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.82%. The ex-dividend date was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is -258.82%.

Insider Buying and Selling at Americold Realty Trust

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value of $41,567.04. Following the transaction, the senior vice president now directly owns 1,837 shares in the company, valued at approximately $41,589.68. The trade was a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on COLD shares. Truist Financial decreased their target price on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Robert W. Baird decreased their price objective on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. Scotiabank cut their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, December 10th. Royal Bank of Canada decreased their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Finally, Raymond James dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.17.

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.