Americold Realty Trust, Inc. (NYSE:COLD) Shares Acquired by Easterly Investment Partners LLC

Easterly Investment Partners LLC boosted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 174.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 334,081 shares of the company’s stock after buying an additional 212,426 shares during the period. Easterly Investment Partners LLC’s holdings in Americold Realty Trust were worth $9,444,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in shares of Americold Realty Trust in the third quarter valued at approximately $128,000. Cambiar Investors LLC increased its holdings in shares of Americold Realty Trust by 1.4% in the third quarter. Cambiar Investors LLC now owns 460,816 shares of the company’s stock valued at $13,027,000 after purchasing an additional 6,175 shares during the period. US Bancorp DE increased its holdings in shares of Americold Realty Trust by 2.0% in the third quarter. US Bancorp DE now owns 92,319 shares of the company’s stock valued at $2,610,000 after purchasing an additional 1,783 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Americold Realty Trust by 195.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,302 shares of the company’s stock valued at $772,000 after purchasing an additional 18,062 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Americold Realty Trust by 34.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,474 shares of the company’s stock valued at $300,000 after buying an additional 2,703 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of NYSE:COLD traded up $0.31 on Friday, hitting $23.48. The company had a trading volume of 354,189 shares, compared to its average volume of 2,176,685. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.21. Americold Realty Trust, Inc. has a 52-week low of $21.87 and a 52-week high of $30.92. The business has a 50 day moving average of $27.48 and a 200 day moving average of $26.82. The company has a market cap of $6.67 billion, a PE ratio of -22.92, a PEG ratio of 1.71 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.54). Americold Realty Trust had a negative net margin of 10.60% and a negative return on equity of 7.74%. The company had revenue of $660.96 million during the quarter, compared to analysts’ expectations of $653.74 million. During the same quarter in the prior year, the company earned $0.28 earnings per share. The firm’s revenue was up 1.7% compared to the same quarter last year. As a group, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.22 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.75%. Americold Realty Trust’s dividend payout ratio is currently -87.13%.

Analysts Set New Price Targets

COLD has been the topic of a number of analyst reports. Barclays lifted their price target on Americold Realty Trust from $25.00 to $28.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Robert W. Baird decreased their price target on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday. Scotiabank lifted their price target on Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a research note on Monday, August 19th. Truist Financial lifted their price target on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, Evercore ISI lifted their price target on Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Americold Realty Trust has an average rating of “Moderate Buy” and an average target price of $30.91.

About Americold Realty Trust

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.