Gotham Asset Management LLC Reduces Position in Americold Realty Trust, Inc. (NYSE:COLD)

Gotham Asset Management LLC lessened its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 63.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,561 shares of the company's stock after selling 94,285 shares during the quarter. Gotham Asset Management LLC's holdings in Americold Realty Trust were worth $1,168,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in COLD. Norges Bank bought a new stake in shares of Americold Realty Trust in the 4th quarter worth about $478,674,000. Cohen & Steers Inc. lifted its holdings in Americold Realty Trust by 16.3% during the 4th quarter. Cohen & Steers Inc. now owns 28,837,300 shares of the company's stock valued at $617,085,000 after buying an additional 4,049,374 shares in the last quarter. Alyeska Investment Group L.P. lifted its holdings in Americold Realty Trust by 115.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 6,387,738 shares of the company's stock valued at $136,698,000 after buying an additional 3,427,083 shares in the last quarter. Invesco Ltd. lifted its holdings in Americold Realty Trust by 253.8% during the 4th quarter. Invesco Ltd. now owns 3,213,139 shares of the company's stock valued at $68,761,000 after buying an additional 2,304,867 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Americold Realty Trust by 132.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock valued at $63,151,000 after buying an additional 1,678,949 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on COLD. Scotiabank reiterated a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a report on Thursday, May 15th. Wells Fargo & Company decreased their price objective on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a report on Monday. 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 report on Friday, May 16th. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their price objective for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Finally, Citigroup reduced their price target 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. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.09.

Insider Transactions at Americold Realty Trust

In related news, CEO George F. Jr. Chappelle bought 110,000 shares of the company's stock in a transaction on Monday, May 12th. The shares were bought at an average price 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. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jay Wells bought 10,000 shares of the company's stock in a transaction on Monday, May 12th. The shares were bought at an average cost of $17.91 per share, for a total transaction of $179,100.00. Following the transaction, the chief financial officer now owns 10,000 shares in the company, valued at $179,100. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 0.23% of the company's stock.

Americold Realty Trust Stock Down 3.5%

Shares of Americold Realty Trust stock traded down $0.62 on Wednesday, reaching $17.16. The stock had a trading volume of 4,186,331 shares, compared to its average volume of 2,262,586. The company has a 50 day moving average price of $19.70 and a 200 day moving average price of $21.32. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a 1 year low of $16.56 and a 1 year high of $30.45. The stock has a market capitalization of $4.89 billion, a P/E ratio of -50.48, a P/E/G ratio of 1.66 and a beta of 0.95.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) 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 in the previous year, the firm earned $0.37 EPS. The firm's quarterly revenue was down 5.4% on a year-over-year basis. As a group, equities research analysts forecast that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The company 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 5.36%. The ex-dividend date is Monday, June 30th. Americold Realty Trust's payout ratio is currently -213.95%.

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.