Quantinno Capital Management LP Acquires New Shares in Americold Realty Trust, Inc. (NYSE:COLD)

Quantinno Capital Management LP bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 23,205 shares of the company's stock, valued at approximately $497,000.

A number of other large investors have also recently bought and sold shares of the company. Arizona State Retirement System lifted its position in shares of Americold Realty Trust by 0.8% in the fourth quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock worth $1,677,000 after purchasing an additional 644 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in Americold Realty Trust by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company's stock worth $2,674,000 after buying an additional 780 shares in the last quarter. Pinebridge Investments L.P. boosted its stake in shares of Americold Realty Trust by 4.3% during 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 grew its holdings in shares of Americold Realty Trust by 7.2% in the 4th quarter. Capital Insight Partners LLC now owns 17,022 shares of the company's stock valued at $364,000 after acquiring an additional 1,140 shares in the last quarter. Finally, Garner Asset Management Corp increased its position in shares of Americold Realty Trust by 3.1% in 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 Stock Performance

COLD traded down $0.03 on Friday, reaching $16.73. The company had a trading volume of 393,627 shares, compared to its average volume of 2,285,668. The stock has a market cap of $4.76 billion, a P/E ratio of -49.20, a P/E/G 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. Americold Realty Trust, Inc. has a fifty-two week low of $16.29 and a fifty-two week high of $30.45. The company's fifty day moving average is $19.01 and its 200 day moving average is $20.97.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results 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 for the quarter, compared to analyst estimates of $667.18 million. During the same period in the prior year, the business posted $0.37 EPS. The firm's quarterly revenue was down 5.4% compared to the same quarter last year. As a group, analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.50%. Americold Realty Trust's dividend payout ratio is presently -213.95%.

Insider Activity

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

Analysts Set New Price Targets

Several brokerages recently commented on COLD. Wells Fargo & Company reduced their price target on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Citigroup decreased 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 note on Friday, March 21st. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and dropped their price target for the stock from $26.00 to $21.00 in a research report on Wednesday, April 9th. Robert W. Baird decreased their price objective on shares of 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. Finally, Scotiabank restated a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a research note on Thursday, May 15th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.09.

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.