UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in Americold Realty Trust, Inc. (NYSE:COLD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 7.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,754,678 shares of the company's stock after selling 133,070 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.62% of Americold Realty Trust worth $37,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Arizona State Retirement System raised its position in Americold Realty Trust by 0.8% during the 4th quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock valued at $1,677,000 after purchasing an additional 644 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Americold Realty Trust by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company's stock valued at $2,674,000 after purchasing an additional 780 shares in the last quarter. Pinebridge Investments L.P. lifted its position in shares of Americold Realty Trust by 4.3% in the 4th quarter. Pinebridge Investments L.P. now owns 25,257 shares of the company's stock worth $540,000 after purchasing an additional 1,045 shares during the period. Capital Insight Partners LLC boosted its stake in shares of Americold Realty Trust by 7.2% during the fourth quarter. Capital Insight Partners LLC now owns 17,022 shares of the company's stock valued at $364,000 after purchasing an additional 1,140 shares in the last quarter. Finally, Garner Asset Management Corp increased its holdings in Americold Realty Trust by 3.1% during the fourth quarter. Garner Asset Management Corp now owns 37,949 shares of the company's stock valued at $812,000 after buying an additional 1,156 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

NYSE COLD traded down $0.32 on Wednesday, reaching $16.31. 4,676,925 shares of the company's stock traded hands, compared to its average volume of 2,281,818. The stock has a 50 day moving average price of $19.11 and a 200-day moving average price of $21.02. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of -47.97, 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 $16.30 and a fifty-two week high of $30.45.

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 (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $628.98 million during the quarter, compared to analyst estimates of $667.18 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business's revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Equities research analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Monday, June 30th. Americold Realty Trust's dividend payout ratio (DPR) is presently -213.95%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on COLD shares. Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their target price for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Robert W. Baird dropped their price objective on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. Citigroup cut their target price on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Wells Fargo & Company decreased their price target on shares of 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. Finally, Scotiabank reaffirmed a "sector perform" rating and issued a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $26.09.

Insider Activity

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

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.