Edgestream Partners L.P. Purchases Shares of 148,425 Americold Realty Trust Inc. (NYSE:COLD)

Edgestream Partners L.P. acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 148,425 shares of the company's stock, valued at approximately $3,185,000. Edgestream Partners L.P. owned about 0.05% of Americold Realty Trust at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Americold Realty Trust during the fourth quarter worth approximately $980,000. Swiss National Bank lifted its position in shares of Americold Realty Trust by 0.8% during the 4th quarter. Swiss National Bank now owns 531,000 shares of the company's stock valued at $11,363,000 after buying an additional 4,300 shares during the last quarter. Vestcor Inc purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at $86,000. Cibc World Markets Corp lifted its holdings in Americold Realty Trust by 10.1% during the 4th quarter. Cibc World Markets Corp now owns 76,080 shares of the company's stock worth $1,628,000 after purchasing an additional 6,992 shares in the last quarter. Finally, Boston Partners lifted its holdings in Americold Realty Trust by 510.1% during the 4th quarter. Boston Partners now owns 399,164 shares of the company's stock worth $8,542,000 after purchasing an additional 333,742 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Trading Up 0.7%

Americold Realty Trust stock traded up $0.11 during mid-day trading on Thursday, hitting $16.34. The company's stock had a trading volume of 3,399,842 shares, compared to its average volume of 2,407,444. The firm has a market capitalization of $4.65 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 2.46 and a beta of 0.84. Americold Realty Trust Inc. has a 1 year low of $16.06 and a 1 year high of $30.45. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.19. The stock's fifty day moving average is $16.95 and its two-hundred day moving average is $19.59.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data 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). Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. The company had revenue of $628.98 million during the quarter, compared to analyst estimates of $667.18 million. During the same quarter in the previous year, the business posted $0.37 earnings per share. The firm's revenue was down 5.4% on a year-over-year basis. On average, analysts anticipate that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date was Monday, June 30th. Americold Realty Trust's dividend payout ratio is currently -213.95%.

Analysts Set New Price Targets

Several brokerages have recently commented on COLD. Citigroup reduced their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, March 21st. JPMorgan Chase & Co. lowered Americold Realty Trust from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $24.00 to $21.00 in a report on Monday, June 23rd. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their target price for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. BNP Paribas Exane lowered Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 price objective for the company. in a report on Thursday, June 12th. Finally, KeyCorp cut their price target on Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, July 1st. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $24.00.

Insider Activity at Americold Realty Trust

In other news, CEO George F. Jr. Chappelle acquired 110,000 shares of the company's stock in a transaction dated Monday, May 12th. The stock was acquired at an average cost of $17.99 per share, for a total transaction of $1,978,900.00. Following the acquisition, the chief executive officer directly owned 110,000 shares in the company, valued at approximately $1,978,900. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jay Wells purchased 10,000 shares of the stock in a transaction that occurred 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 completion of the acquisition, the chief financial officer owned 10,000 shares in the company, valued at $179,100. This represents 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 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.