Deutsche Bank AG Sells 3,581,970 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

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

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC grew its position in Americold Realty Trust by 22.3% during the third quarter. Barclays PLC now owns 98,739 shares of the company's stock valued at $2,791,000 after buying an additional 18,015 shares during the period. Park Avenue Securities LLC grew its position in Americold Realty Trust by 19.6% during the fourth quarter. Park Avenue Securities LLC now owns 21,156 shares of the company's stock valued at $453,000 after buying an additional 3,464 shares during the period. SG Americas Securities LLC grew its position in Americold Realty Trust by 48.1% during the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company's stock valued at $1,139,000 after buying an additional 17,295 shares during the period. Janney Montgomery Scott LLC bought a new position in Americold Realty Trust during the fourth quarter valued at about $702,000. Finally, Fifth Third Bancorp grew its position in Americold Realty Trust by 33.4% during the fourth quarter. Fifth Third Bancorp now owns 65,917 shares of the company's stock valued at $1,411,000 after buying an additional 16,511 shares during the period. Institutional investors own 98.14% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on COLD shares. Scotiabank restated a "sector perform" rating and set a $20.00 price target on shares of Americold Realty Trust in a research report on Thursday, May 15th. Robert W. Baird reduced their price target 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. Wells Fargo & Company cut their target price 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. Citigroup cut 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 report on Friday, March 21st. Finally, Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $26.00 to $21.00 in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $26.09.

Americold Realty Trust Price Performance

NYSE:COLD traded up $0.01 during mid-day trading on Thursday, hitting $17.13. 2,529,731 shares of the stock traded hands, compared to its average volume of 2,261,679. The business's 50-day moving average price is $19.62 and its 200 day moving average price is $21.29. The company has a market cap of $4.88 billion, a PE ratio of -50.37, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95. Americold Realty Trust, Inc. has a 12-month low of $16.56 and a 12-month high of $30.45. 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 (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $628.98 million for the quarter, compared to analysts' expectations of $667.18 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. Americold Realty Trust's revenue was down 5.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.37 EPS. On average, analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.23 per share. The ex-dividend date is Monday, June 30th. This represents a $0.92 annualized dividend and a yield of 5.37%. Americold Realty Trust's dividend payout ratio is currently -213.95%.

Insider Activity at Americold Realty Trust

In related news, CFO Jay Wells bought 10,000 shares of the company's stock in a transaction on 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 transaction, 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 link. Also, 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 completion of the transaction, the chief executive officer now owns 110,000 shares of the company's stock, valued at $1,978,900. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.23% of the stock is owned by corporate insiders.

Americold Realty Trust Company 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.