Atria Investments Inc Trims Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Atria Investments Inc decreased its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 9.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,597 shares of the company’s stock after selling 954 shares during the quarter. Atria Investments Inc’s holdings in Americold Realty Trust were worth $271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in Americold Realty Trust by 2,288.1% during the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after buying an additional 961 shares in the last quarter. Easterly Investment Partners LLC raised its stake in Americold Realty Trust by 174.6% in the 3rd quarter. Easterly Investment Partners LLC now owns 334,081 shares of the company’s stock valued at $9,444,000 after purchasing an additional 212,426 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Americold Realty Trust in the 3rd quarter valued at $128,000. Cambiar Investors LLC grew its holdings in shares of Americold Realty Trust by 1.4% during the third quarter. Cambiar Investors LLC now owns 460,816 shares of the company’s stock worth $13,027,000 after buying an additional 6,175 shares in the last quarter. Finally, US Bancorp DE raised its position 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 buying an additional 1,783 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

NYSE COLD opened at $23.12 on Friday. The stock has a fifty day simple moving average of $26.13 and a 200-day simple moving average of $26.82. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a market cap of $6.57 billion, a PE ratio of -22.89, a P/E/G ratio of 1.74 and a beta of 0.61. Americold Realty Trust, Inc. has a twelve month low of $21.53 and a twelve month high of $30.92.

Americold Realty Trust (NYSE:COLD) last released its quarterly 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). Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The firm had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same quarter last year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. Equities analysts anticipate that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.22 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.81%. Americold Realty Trust’s dividend payout ratio (DPR) is -87.13%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Evercore ISI boosted their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Truist Financial upped their price target on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Robert W. Baird reduced their price objective on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, November 8th. Wells Fargo & Company upped their target price on 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, Barclays reduced their price target on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

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.