Sanctuary Advisors LLC Sells 9,684 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Sanctuary Advisors LLC decreased its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 34.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,514 shares of the company’s stock after selling 9,684 shares during the quarter. Sanctuary Advisors LLC’s holdings in Americold Realty Trust were worth $523,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Assetmark Inc. boosted its holdings in shares of Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after purchasing an additional 961 shares during the period. GAMMA Investing LLC raised its position in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after purchasing an additional 735 shares in the last quarter. Loomis Sayles & Co. L P purchased a new stake in shares of Americold Realty Trust in the 3rd quarter worth $55,000. Blue Trust Inc. grew its position in shares of Americold Realty Trust by 29.5% during the 3rd quarter. Blue Trust Inc. now owns 3,880 shares of the company’s stock worth $110,000 after buying an additional 883 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Americold Realty Trust by 22.7% during 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 during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

Shares of COLD stock opened at $21.43 on Thursday. Americold Realty Trust, Inc. has a fifty-two week low of $20.98 and a fifty-two week high of $30.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of -21.22, a PEG ratio of 1.80 and a beta of 0.59. The stock’s 50-day simple moving average is $23.78 and its 200-day simple moving average is $26.45.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.35). The company had revenue of $674.17 million for the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter 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 fiscal year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.22 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 4.11%. Americold Realty Trust’s dividend payout ratio (DPR) is -87.13%.

Insiders Place Their Bets

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the completion of the transaction, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at approximately $41,589.68. This trade represents a 49.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.17% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on COLD shares. Robert W. Baird dropped their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Scotiabank cut 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 report on Tuesday, December 10th. Wells Fargo & Company upped 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. 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. Finally, Citigroup decreased their price objective on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Americold Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $29.17.

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.