Americold Realty Trust, Inc. (NYSE:COLD) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC boosted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 2,681.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,311 shares of the company’s stock after buying an additional 4,156 shares during the period. Headlands Technologies LLC’s holdings in Americold Realty Trust were worth $92,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new stake in shares of Americold Realty Trust during the fourth quarter worth approximately $25,000. Venturi Wealth Management LLC boosted its stake in Americold Realty Trust by 1,081.4% during the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock worth $48,000 after purchasing an additional 2,033 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Americold Realty Trust during the fourth quarter worth $86,000. EverSource Wealth Advisors LLC raised its position in shares of Americold Realty Trust by 3,946.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company’s stock valued at $126,000 after buying an additional 5,723 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Americold Realty Trust by 100.6% in the fourth quarter. Blue Trust Inc. now owns 7,783 shares of the company’s stock worth $167,000 after buying an additional 3,903 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 5.0 %

Shares of Americold Realty Trust stock opened at $19.37 on Monday. The stock has a 50 day moving average of $21.75 and a 200 day moving average of $23.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of -56.95, a PEG ratio of 1.66 and a beta of 0.77. Americold Realty Trust, Inc. has a fifty-two week low of $18.65 and a fifty-two week high of $30.45.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27. The business had revenue of $666.44 million during the quarter, compared to analysts’ expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. As a group, research analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.75%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -270.59%.

Analyst Upgrades and Downgrades

COLD has been the subject of several research reports. Raymond James dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. Citigroup lowered their target price on Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, March 21st. Finally, Scotiabank increased their price target on Americold Realty Trust from $27.00 to $28.00 and gave the company a “sector outperform” rating in a report on Monday, March 10th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.82.

Americold Realty Trust Company 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.