Boothbay Fund Management LLC Cuts Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Boothbay Fund Management LLC reduced its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 32.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 216,923 shares of the company's stock after selling 103,394 shares during the period. Boothbay Fund Management LLC owned approximately 0.08% of Americold Realty Trust worth $4,642,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of COLD. Arizona State Retirement System lifted its holdings in Americold Realty Trust by 0.8% during the fourth quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock valued at $1,677,000 after purchasing an additional 644 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in Americold Realty Trust by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company's stock valued at $2,674,000 after buying an additional 780 shares in the last quarter. Pinebridge Investments L.P. boosted its holdings in Americold Realty Trust by 4.3% in the 4th quarter. Pinebridge Investments L.P. now owns 25,257 shares of the company's stock worth $540,000 after buying an additional 1,045 shares during the last quarter. Capital Insight Partners LLC increased its stake in Americold Realty Trust by 7.2% during the 4th quarter. Capital Insight Partners LLC now owns 17,022 shares of the company's stock worth $364,000 after buying an additional 1,140 shares in the last quarter. Finally, Garner Asset Management Corp raised its holdings in shares of Americold Realty Trust by 3.1% during the fourth quarter. Garner Asset Management Corp now owns 37,949 shares of the company's stock valued at $812,000 after acquiring an additional 1,156 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Trading Down 0.9 %

NYSE:COLD traded down $0.18 on Thursday, reaching $19.17. The company's stock had a trading volume of 2,919,203 shares, compared to its average volume of 2,353,718. Americold Realty Trust, Inc. has a 12-month low of $16.67 and a 12-month high of $30.45. The stock has a 50 day moving average price of $20.84 and a 200 day moving average price of $22.14. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of -56.37, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

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

Americold Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend was Friday, March 28th. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Wall Street Analyst Weigh In

Several research firms recently commented on COLD. Scotiabank reduced their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research note on Thursday, April 10th. Citigroup reduced their target price on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Finally, Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price target for the stock from $26.00 to $21.00 in a research report 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 company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target 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.