Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 94.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 223,962 shares of the company's stock after selling 3,581,970 shares during the quarter. Deutsche Bank AG owned about 0.08% of Americold Realty Trust worth $4,793,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in Americold Realty Trust during the fourth quarter worth $25,000. Venturi Wealth Management LLC grew its holdings in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after acquiring an additional 2,033 shares during the period. Vestcor Inc acquired a new position in Americold Realty Trust during the fourth quarter worth $86,000. Aster Capital Management DIFC Ltd acquired a new position in Americold Realty Trust during the fourth quarter worth $86,000. Finally, Headlands Technologies LLC grew its holdings in Americold Realty Trust by 2,681.3% during the fourth quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after acquiring an additional 4,156 shares during the period. Hedge funds and other institutional investors own 98.14% of the company's stock.

Insider Buying and Selling

In related news, CEO George F. Jr. Chappelle purchased 110,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was purchased at an average price of $17.99 per share, for a total transaction of $1,978,900.00. Following the acquisition, the chief executive officer now directly owns 110,000 shares in the company, valued at $1,978,900. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jay Wells purchased 10,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was bought at an average price of $17.91 per share, with a total value of $179,100.00. Following the acquisition, the chief financial officer now owns 10,000 shares in the company, valued at $179,100. This trade 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 corporate insiders.

Americold Realty Trust Trading Down 1.8%

Shares of Americold Realty Trust stock traded down $0.30 during trading hours on Friday, reaching $16.82. The stock had a trading volume of 3,142,382 shares, compared to its average volume of 2,265,769. The firm has a 50 day simple moving average of $19.42 and a two-hundred day simple moving average of $21.14. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of -49.47, a P/E/G ratio of 1.66 and a beta of 0.95. The company has a current ratio of 0.15, a quick 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.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released 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). The firm had revenue of $628.98 million during the quarter, compared to analysts' expectations of $667.18 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The business's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 earnings per share. As a group, equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.47%. Americold Realty Trust's payout ratio is currently -213.95%.

Analyst Ratings Changes

COLD has been the topic of a number of recent analyst reports. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and dropped their price objective for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Wells Fargo & Company lowered their target price on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a report on Monday, May 19th. Scotiabank reissued a "sector perform" rating and issued a $20.00 target price on shares of Americold Realty Trust in a report on Thursday, May 15th. Robert W. Baird lowered their target price on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Finally, Citigroup lowered their target price on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Americold Realty Trust currently 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.