Deprince Race & Zollo Inc. Raises Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Deprince Race & Zollo Inc. raised its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 26.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,616,607 shares of the company's stock after acquiring an additional 341,976 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 0.57% of Americold Realty Trust worth $34,595,000 as of its most recent SEC filing.

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

Americold Realty Trust Trading Down 0.1%

COLD stock traded down $0.01 during mid-day trading on Tuesday, reaching $17.82. 2,193,538 shares of the stock traded hands, compared to its average volume of 2,235,932. Americold Realty Trust, Inc. has a one year low of $16.56 and a one year high of $30.45. The stock has a market capitalization of $5.07 billion, a PE ratio of -52.41, a PEG ratio of 1.66 and a beta of 0.95. 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 has a 50-day moving average price of $20.16 and a two-hundred day moving average price of $21.62.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $628.98 million during the quarter, compared to analysts' expectations of $667.18 million. During the same period last year, the company earned $0.37 earnings per share. The business's revenue for the quarter was down 5.4% compared to the same quarter last year. Equities research analysts expect 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 dividend of $0.23 per share. The ex-dividend date was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a yield of 5.16%. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's payout ratio is presently -213.95%.

Insider Activity at Americold Realty Trust

In related news, CFO Jay Wells acquired 10,000 shares of the stock in a transaction on Monday, May 12th. The stock was bought at an average cost of $17.91 per share, with a total value of $179,100.00. Following the transaction, the chief financial officer now directly owns 10,000 shares in the company, valued at approximately $179,100. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is owned by company insiders.

Analyst Ratings Changes

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

Americold Realty Trust 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.