Balyasny Asset Management L.P. Increases Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Balyasny Asset Management L.P. boosted its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 31.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,629,072 shares of the company's stock after purchasing an additional 870,973 shares during the quarter. Balyasny Asset Management L.P. owned about 1.28% of Americold Realty Trust worth $77,662,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brown Brothers Harriman & Co. bought a new position in Americold Realty Trust in the 4th quarter valued at about $25,000. Venturi Wealth Management LLC grew its holdings in Americold Realty Trust by 1,081.4% in the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after buying an additional 2,033 shares in the last quarter. Vestcor Inc bought a new position in Americold Realty Trust during the 4th quarter worth $86,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Americold Realty Trust during the fourth quarter worth $86,000. Finally, Headlands Technologies LLC boosted its position in shares of Americold Realty Trust by 2,681.3% in the fourth quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock valued at $92,000 after acquiring an additional 4,156 shares during the period. 98.14% of the stock is owned by institutional investors.

Americold Realty Trust Trading Down 0.9 %

Shares of COLD stock traded down $0.16 during trading hours on Friday, hitting $17.18. 3,132,478 shares of the company were exchanged, compared to its average volume of 2,237,936. The firm has a market cap of $4.89 billion, a P/E ratio of -50.53, a P/E/G ratio of 1.66 and a beta of 0.95. Americold Realty Trust, Inc. has a fifty-two week low of $16.56 and a fifty-two week high of $30.45. The company has a 50 day simple moving average of $20.35 and a two-hundred day simple moving average of $21.80. 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 (NYSE:COLD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The business had revenue of $628.98 million for the quarter, compared to the consensus estimate of $667.18 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.37 EPS. Equities analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, March 28th. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 5.36%. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analyst Upgrades and Downgrades

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

Americold Realty Trust Company Profile

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.