Americold Realty Trust Inc. (NYSE:COLD) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. cut its position in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 8.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 398,539 shares of the company's stock after selling 36,000 shares during the quarter. Asset Management One Co. Ltd. owned 0.14% of Americold Realty Trust worth $8,553,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. acquired a new position in Americold Realty Trust in the 4th quarter valued at about $25,000. Parallel Advisors LLC increased its position in Americold Realty Trust by 68.1% during the 1st quarter. Parallel Advisors LLC now owns 2,091 shares of the company's stock worth $45,000 after purchasing an additional 847 shares in the last quarter. Blue Trust Inc. increased its position in shares of Americold Realty Trust by 3,390.0% in the first quarter. Blue Trust Inc. now owns 2,792 shares of the company's stock worth $60,000 after acquiring an additional 2,712 shares in the last quarter. Vestcor Inc acquired a new stake in Americold Realty Trust in the 4th quarter valued at $86,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at about $86,000. Institutional investors and hedge funds own 98.14% of the company's stock.

Insider Activity at Americold Realty Trust

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on COLD shares. BNP Paribas Exane lowered shares of Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 price target for the company. in a report on Thursday, June 12th. Scotiabank restated a "sector perform" rating and issued a $20.00 target price on shares of Americold Realty Trust in a research note on Thursday, May 15th. JPMorgan Chase & Co. downgraded shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $24.00 to $21.00 in a report on Monday, June 23rd. Robert W. Baird reduced their price objective 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. Finally, Citigroup reduced their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Friday, March 21st. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, Americold Realty Trust has an average rating of "Moderate Buy" and an average target price of $24.67.

Americold Realty Trust Stock Performance

COLD opened at $16.92 on Friday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.19. Americold Realty Trust Inc. has a fifty-two week low of $16.11 and a fifty-two week high of $30.45. The firm has a market cap of $4.82 billion, a PE ratio of -39.34, a P/E/G ratio of 1.59 and a beta of 0.84. The business has a fifty day simple moving average of $17.73 and a 200-day simple moving average of $20.10.

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). Americold Realty Trust had a negative return on equity of 3.60% and a negative net margin of 4.58%. The firm had revenue of $628.98 million during 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 company's revenue for the quarter was down 5.4% on a year-over-year basis. As a group, equities analysts predict that Americold Realty Trust Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Monday, June 30th. Americold Realty Trust's dividend payout ratio is currently -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.

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