Cresset Asset Management LLC Invests $326,000 in Americold Realty Trust, Inc. (NYSE:COLD)

Cresset Asset Management LLC purchased a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 15,107 shares of the company's stock, valued at approximately $326,000.

A number of other institutional investors and hedge funds also recently modified their holdings of COLD. Barclays PLC boosted its holdings in Americold Realty Trust by 22.3% in the third quarter. Barclays PLC now owns 98,739 shares of the company's stock valued at $2,791,000 after acquiring an additional 18,015 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Americold Realty Trust by 55.4% in the 4th quarter. Wedmont Private Capital now owns 13,667 shares of the company's stock valued at $286,000 after purchasing an additional 4,870 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of Americold Realty Trust by 19.6% during the 4th quarter. Park Avenue Securities LLC now owns 21,156 shares of the company's stock worth $453,000 after purchasing an additional 3,464 shares during the period. Legacy Wealth Asset Management LLC grew its holdings in shares of Americold Realty Trust by 34.5% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 24,310 shares of the company's stock worth $520,000 after purchasing an additional 6,236 shares during the period. Finally, Foresight Group Ltd Liability Partnership increased its position in Americold Realty Trust by 19.5% during the 4th quarter. Foresight Group Ltd Liability Partnership now owns 87,860 shares of the company's stock worth $1,864,000 after purchasing an additional 14,320 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on COLD shares. Scotiabank reaffirmed a "sector perform" rating and set a $20.00 price target on shares of Americold Realty Trust in a research report on Thursday, May 15th. Robert W. Baird dropped their target price on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Citigroup reduced their price target 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. Wells Fargo & Company lowered their price objective on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a research report on Monday. Finally, Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their target price for the stock from $26.00 to $21.00 in a research report on Wednesday, April 9th. Three research analysts have rated the stock with a hold rating and eight 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 $26.09.

Insider Buying and Selling

In other news, CEO George F. Jr. Chappelle acquired 110,000 shares of Americold Realty Trust stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average cost of $17.99 per share, for a total transaction of $1,978,900.00. Following the completion of the purchase, the chief executive officer now directly owns 110,000 shares of the company's stock, valued at $1,978,900. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Jay Wells bought 10,000 shares of the stock in a transaction on Monday, May 12th. The shares were acquired at an average price of $17.91 per share, with a total value of $179,100.00. Following the purchase, the chief financial officer now owns 10,000 shares of the company's stock, valued at $179,100. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.23% of the company's stock.

Americold Realty Trust Stock Down 0.1%

Shares of COLD stock traded down $0.01 during mid-day trading on Thursday, reaching $17.11. 758,797 shares of the company were exchanged, compared to its average volume of 2,254,816. 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 business's 50 day simple moving average is $19.62 and its 200 day simple moving average is $21.29. The company has a market capitalization of $4.87 billion, a P/E ratio of -50.36, 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.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The company 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 company's revenue was down 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 earnings per share. Research analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 5.38%. Americold Realty Trust's dividend payout ratio (DPR) is -213.95%.

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.