Squarepoint Ops LLC Has $400,000 Position in Americold Realty Trust, Inc. (NYSE:COLD)

Squarepoint Ops LLC reduced its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 88.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,672 shares of the company’s stock after selling 117,911 shares during the quarter. Squarepoint Ops LLC’s holdings in Americold Realty Trust were worth $400,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Marshall Wace LLP lifted its holdings in Americold Realty Trust by 16.5% during the 2nd quarter. Marshall Wace LLP now owns 1,311,063 shares of the company’s stock worth $33,485,000 after purchasing an additional 186,145 shares during the last quarter. RDST Capital LLC boosted its stake in Americold Realty Trust by 13.4% in the second quarter. RDST Capital LLC now owns 1,695,825 shares of the company’s stock valued at $43,311,000 after buying an additional 200,315 shares in the last quarter. Delap Wealth Advisory LLC acquired a new stake in shares of Americold Realty Trust in the 2nd quarter valued at approximately $390,000. Ensign Peak Advisors Inc grew its stake in shares of Americold Realty Trust by 9.8% during the second quarter. Ensign Peak Advisors Inc now owns 99,824 shares of the company’s stock worth $2,550,000 after buying an additional 8,945 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its position in Americold Realty Trust by 20.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 237,800 shares of the company’s stock worth $6,073,000 after acquiring an additional 40,800 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

COLD has been the subject of a number of research reports. Robert W. Baird raised their price objective on shares of Americold Realty Trust from $29.00 to $31.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company increased their target price on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. JPMorgan Chase & Co. raised shares of Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 target price for the company in a research report on Wednesday, June 26th. Scotiabank increased their price target on Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a research report on Monday, August 19th. Finally, Barclays cut 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 report on Wednesday, August 14th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Americold Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $30.91.

Americold Realty Trust Trading Down 0.4 %

Shares of COLD opened at $26.70 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $7.58 billion, a P/E ratio of -22.82, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $30.92. The business has a 50-day moving average of $28.63 and a 200 day moving average of $26.53.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data 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 return on equity of 7.74% and a negative net margin of 10.60%. The business had revenue of $660.96 million during the quarter, compared to the consensus estimate of $653.74 million. During the same period last year, the business posted $0.28 earnings per share. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. As a group, research analysts forecast that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Monday, September 30th. Americold Realty Trust’s dividend payout ratio is presently -75.21%.

Americold Realty Trust Company 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.