Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Americold Realty Trust Inc. (NYSE:COLD)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,538,367 shares of the company's stock, valued at approximately $33,013,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.54% of Americold Realty Trust as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COLD. Raymond James Financial Inc. acquired a new stake in shares of Americold Realty Trust during the 4th quarter worth about $980,000. Xponance Inc. raised its holdings in Americold Realty Trust by 14.7% in the 4th quarter. Xponance Inc. now owns 12,980 shares of the company's stock valued at $278,000 after buying an additional 1,663 shares during the period. Teacher Retirement System of Texas purchased a new position in Americold Realty Trust during the fourth quarter worth about $602,000. American Century Companies Inc. increased its position in shares of Americold Realty Trust by 14.7% during the fourth quarter. American Century Companies Inc. now owns 3,061,204 shares of the company's stock valued at $65,510,000 after acquiring an additional 392,862 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Americold Realty Trust during the fourth quarter valued at about $1,200,000. Institutional investors and hedge funds own 98.14% of the company's stock.

Insider Activity at Americold Realty Trust

In related news, CEO George F. Jr. Chappelle purchased 110,000 shares of the business's 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 purchase, the chief executive officer directly owned 110,000 shares of the company's stock, valued at $1,978,900. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jay Wells purchased 10,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average price of $17.91 per share, for a total transaction of $179,100.00. Following the completion of the purchase, the chief financial officer directly owned 10,000 shares in the company, valued at $179,100. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.23% of the stock is currently owned by insiders.

Americold Realty Trust Stock Up 0.5%

Shares of Americold Realty Trust stock traded up $0.08 on Friday, reaching $16.62. 2,605,756 shares of the company were exchanged, compared to its average volume of 2,781,939. The stock's 50 day moving average price is $16.84 and its 200-day moving average price is $19.43. The company has a market cap of $4.73 billion, a P/E ratio of -38.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.84. Americold Realty Trust Inc. has a 1-year low of $16.06 and a 1-year high of $30.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.13 and a quick ratio of 0.13.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $628.98 million for the quarter, compared to analysts' expectations of $667.18 million. Americold Realty Trust had a negative return on equity of 3.60% and a negative net margin of 4.58%. Americold Realty Trust's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period last year, the firm posted $0.37 earnings per share. As a group, equities analysts forecast that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.54%. Americold Realty Trust's dividend payout ratio is presently -213.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Scotiabank reaffirmed a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. Robert W. Baird lowered their price target on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating for the company in a research report on Friday, May 16th. Barclays dropped their price objective on Americold Realty Trust from $21.00 to $20.00 and set an "overweight" rating for the company in a research note on Monday. Wells Fargo & Company decreased their target price on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Monday, May 19th. Finally, KeyCorp lowered their target price on Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, July 1st. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and an average target price of $23.92.

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.