Darlington Partners Capital Management LP Has $88.01 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

Darlington Partners Capital Management LP cut its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 57.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,112,511 shares of the company's stock after selling 5,484,648 shares during the period. Americold Realty Trust accounts for approximately 3.3% of Darlington Partners Capital Management LP's holdings, making the stock its 11th biggest holding. Darlington Partners Capital Management LP owned about 1.45% of Americold Realty Trust worth $88,008,000 at the end of the most recent quarter.

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

Insider Activity

In related news, CFO Jay Wells bought 10,000 shares of the company's stock in a transaction dated Monday, May 12th. The stock was purchased at an average price of $17.91 per share, with a total value of $179,100.00. Following the completion of the acquisition, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Scotiabank cut their price objective on 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. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their price objective for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Finally, Citigroup dropped their target price on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $28.00.

Americold Realty Trust Stock Performance

Shares of COLD stock traded down $0.04 during midday trading on Tuesday, hitting $17.79. 2,227,628 shares of the company were exchanged, compared to its average volume of 2,235,993. Americold Realty Trust, Inc. has a 52 week low of $16.56 and a 52 week high of $30.45. The firm has a market capitalization of $5.07 billion, a P/E ratio of -52.32, a PEG ratio of 1.66 and a beta of 0.95. The firm's 50 day moving average price is $20.16 and its two-hundred day moving average price is $21.62. 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 issued its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The firm had revenue of $628.98 million for the quarter, compared to the consensus estimate of $667.18 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The company's revenue was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. As a group, equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.17%. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's dividend payout ratio (DPR) is currently -213.95%.

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.