MML Investors Services LLC Has $1.37 Million Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

MML Investors Services LLC boosted its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 1.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,558 shares of the company’s stock after purchasing an additional 882 shares during the quarter. MML Investors Services LLC’s holdings in Americold Realty Trust were worth $1,373,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of COLD. Assetmark Inc. grew its holdings in Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after purchasing an additional 961 shares during the period. GAMMA Investing LLC lifted its stake in shares of Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after buying an additional 735 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in shares of Americold Realty Trust in the third quarter valued at $55,000. Blue Trust Inc. lifted its stake in shares of Americold Realty Trust by 2,727.4% in the second quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock valued at $75,000 after buying an additional 2,891 shares in the last quarter. Finally, Signaturefd LLC lifted its stake 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 valued at $102,000 after buying an additional 740 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

COLD has been the topic of a number of recent research reports. Raymond James dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. Truist Financial dropped their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Evercore ISI raised their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Scotiabank dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, December 10th. Finally, Robert W. Baird dropped 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 report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.17.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $21.70 on Thursday. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of -21.49, a P/E/G ratio of 1.80 and a beta of 0.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. Americold Realty Trust, Inc. has a 52 week low of $21.53 and a 52 week high of $30.59. The firm’s 50-day simple moving average is $24.32 and its two-hundred day simple moving average is $26.65.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.35). The company had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The business’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. As a group, equities analysts forecast that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 4.06%. The ex-dividend date is Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio is -87.13%.

Insider Transactions at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value of $41,567.04. Following the completion of the transaction, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company’s stock.

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.