Edgestream Partners L.P. Invests $3.19 Million in Americold Realty Trust Inc. (NYSE:COLD)

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

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Americold Realty Trust in the fourth quarter worth about $980,000. Teacher Retirement System of Texas increased its position in shares of Americold Realty Trust by 270.7% during the 1st quarter. Teacher Retirement System of Texas now owns 104,330 shares of the company's stock valued at $2,239,000 after purchasing an additional 76,183 shares during the last quarter. Chilton Capital Management LLC raised its holdings in Americold Realty Trust by 12.1% during the 1st quarter. Chilton Capital Management LLC now owns 553,751 shares of the company's stock valued at $11,997,000 after buying an additional 59,720 shares during the period. Envestnet Asset Management Inc. raised its holdings in Americold Realty Trust by 7.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 857,571 shares of the company's stock valued at $18,352,000 after buying an additional 57,248 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Americold Realty Trust by 132.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock worth $63,151,000 after buying an additional 1,678,949 shares during the period. Institutional investors own 98.14% of the company's stock.

Insider Buying and Selling at Americold Realty Trust

In related news, CEO George F. Jr. Chappelle purchased 110,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $17.99 per share, with a total value of $1,978,900.00. Following the completion of the acquisition, the chief executive officer owned 110,000 shares in the company, valued at $1,978,900. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jay Wells acquired 10,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average cost of $17.91 per share, with a total value of $179,100.00. Following the acquisition, the chief financial officer directly owned 10,000 shares of the company's stock, valued at $179,100. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.23% of the stock is currently owned by corporate insiders.

Americold Realty Trust Stock Performance

Shares of COLD traded down $0.19 during mid-day trading on Friday, reaching $16.15. The company had a trading volume of 1,516,356 shares, compared to its average volume of 2,405,121. The stock has a market capitalization of $4.60 billion, a P/E ratio of -37.56, a PEG ratio of 2.45 and a beta of 0.84. Americold Realty Trust Inc. has a 52-week low of $16.06 and a 52-week high of $30.45. The stock has a 50 day moving average of $16.93 and a two-hundred day moving average of $19.54. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.19.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The business had revenue of $628.98 million for the quarter, compared to analyst estimates of $667.18 million. Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. Americold Realty Trust's revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. On average, analysts expect that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.70%. The ex-dividend date was Monday, June 30th. Americold Realty Trust's payout ratio is -213.95%.

Analyst Ratings Changes

A number of research firms have recently commented on COLD. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the company from $26.00 to $21.00 in a research note 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 for the company in a report on Friday, May 16th. 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 research note on Monday, June 23rd. BNP Paribas Exane downgraded Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 target price for the company. in a research report on Thursday, June 12th. Finally, Scotiabank reissued 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. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $24.00.

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.