Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd cut its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 6.1% during the third quarter, HoldingsChannel reports. The firm owned 10,283 shares of the company’s stock after selling 667 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Americold Realty Trust were worth $291,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. increased its stake in Americold Realty Trust by 9.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock valued at $39,936,000 after buying an additional 123,776 shares during the period. PGGM Investments acquired a new position in shares of Americold Realty Trust during the second quarter worth about $114,436,000. Manning & Napier Advisors LLC purchased a new position in Americold Realty Trust during the second quarter worth about $4,460,000. Charles Schwab Investment Management Inc. lifted its position in Americold Realty Trust by 4.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock valued at $110,255,000 after purchasing an additional 165,667 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in Americold Realty Trust in the 2nd quarter valued at approximately $226,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Trading Down 0.7 %

Shares of COLD opened at $23.86 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The firm has a 50 day simple moving average of $25.56 and a 200-day simple moving average of $26.88. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of -23.62, a price-to-earnings-growth ratio of 1.89 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.35). The company had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. Americold Realty Trust’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.32 EPS. Equities analysts forecast that Americold Realty Trust, Inc. will post 1.38 EPS 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. Investors of record on Monday, September 30th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is presently -87.13%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COLD. Truist Financial increased their target price on Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Barclays reduced their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. Robert W. Baird lowered their price target on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Wells Fargo & Company increased their price target on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Finally, Scotiabank boosted their price objective on shares of Americold Realty Trust from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Americold Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $30.55.

Americold Realty Trust Profile

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.