Anson Funds Management LP Buys 99,413 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Anson Funds Management LP raised its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 269.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 136,330 shares of the company's stock after acquiring an additional 99,413 shares during the quarter. Anson Funds Management LP's holdings in Americold Realty Trust were worth $2,917,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in COLD. Aristotle Capital Boston LLC bought a new position in shares of Americold Realty Trust in the 4th quarter worth about $13,372,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Americold Realty Trust during the fourth quarter valued at approximately $265,000. Freestone Grove Partners LP purchased a new position in shares of Americold Realty Trust during the fourth quarter valued at approximately $479,000. Adelante Capital Management LLC boosted its position in shares of Americold Realty Trust by 627.9% in the 4th quarter. Adelante Capital Management LLC now owns 441,492 shares of the company's stock worth $9,448,000 after purchasing an additional 380,841 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC grew its stake in shares of Americold Realty Trust by 353.7% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 745,899 shares of the company's stock worth $15,962,000 after buying an additional 581,506 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Citigroup lowered their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Scotiabank cut their price objective on shares of Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a research report on Thursday, April 10th. Finally, Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price objective for the company from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Americold Realty Trust has an average rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Stock Performance

NYSE:COLD traded up $0.15 during trading hours on Wednesday, reaching $18.36. The company had a trading volume of 3,499,938 shares, compared to its average volume of 2,215,777. The firm's 50 day moving average price is $20.55 and its 200-day moving average price is $21.89. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of -54.00, a PEG ratio of 1.66 and a beta of 0.95. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a 52 week low of $16.67 and a 52 week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. The company had revenue of $666.44 million during the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. On average, analysts forecast that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were issued a $0.23 dividend. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.01%. Americold Realty Trust's dividend payout ratio (DPR) is presently -270.59%.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.