18,748 Shares in Americold Realty Trust, Inc. (NYSE:COLD) Purchased by Headlands Technologies LLC

Headlands Technologies LLC acquired a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,748 shares of the company’s stock, valued at approximately $479,000.

A number of other hedge funds also recently bought and sold shares of the company. Principal Securities Inc. purchased a new position in shares of Americold Realty Trust during the fourth quarter valued at $80,000. Blue Trust Inc. grew its stake in Americold Realty Trust by 2,727.4% during the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock valued at $75,000 after acquiring an additional 2,891 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Americold Realty Trust in the 2nd quarter valued at about $85,000. Signaturefd LLC lifted its position in shares of Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after purchasing an additional 740 shares in the last quarter. Finally, CIBC Asset Management Inc purchased a new stake in shares of Americold Realty Trust in the second quarter worth approximately $204,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $28.97 on Friday. The business’s 50-day simple moving average is $28.66 and its 200-day simple moving average is $26.16. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.16 and a current ratio of 0.16. Americold Realty Trust, Inc. has a 52 week low of $21.87 and a 52 week high of $33.24. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of -24.76, a P/E/G ratio of 1.98 and a beta of 0.60.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.23) 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 for the quarter, compared to analyst estimates of $653.74 million. During the same quarter last year, the business earned $0.28 EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. As a group, equities research analysts expect that Americold Realty Trust, Inc. will post 1.35 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Monday, September 30th. Americold Realty Trust’s dividend payout ratio is -75.21%.

Analysts Set New Price Targets

Several research firms have weighed in on COLD. Barclays dropped their price objective on shares of Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 14th. Robert W. Baird increased their price objective on Americold Realty Trust from $29.00 to $31.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Wolfe Research raised Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research report on Monday, July 1st. Scotiabank upped their target price on Americold Realty Trust from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 19th. 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 report on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Americold Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $30.91.

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.