Employees Retirement System of Texas Has $5.09 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Employees Retirement System of Texas raised its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 6.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 237,868 shares of the company's stock after acquiring an additional 15,000 shares during the quarter. Employees Retirement System of Texas owned approximately 0.08% of Americold Realty Trust worth $5,090,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Mackenzie Financial Corp bought a new position in shares of Americold Realty Trust in the 4th quarter worth about $354,000. GF Fund Management CO. LTD. bought a new position in shares of Americold Realty Trust in the 4th quarter worth about $105,000. Woodline Partners LP lifted its position in shares of Americold Realty Trust by 239.5% in the 4th quarter. Woodline Partners LP now owns 1,255,078 shares of the company's stock worth $26,859,000 after buying an additional 885,436 shares during the last quarter. Squarepoint Ops LLC lifted its position in shares of Americold Realty Trust by 21.2% in the 4th quarter. Squarepoint Ops LLC now owns 85,080 shares of the company's stock worth $1,821,000 after buying an additional 14,897 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of Americold Realty Trust in the 4th quarter worth about $497,000. 98.14% of the stock is currently owned by institutional investors.

Insider Transactions at Americold Realty Trust

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

Americold Realty Trust Price Performance

Shares of NYSE:COLD traded down $0.32 during trading hours on Wednesday, hitting $16.31. 4,676,925 shares of the company's stock traded hands, compared to its average volume of 2,281,818. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The company has a market cap of $4.64 billion, a price-to-earnings ratio of -47.97, a price-to-earnings-growth ratio of 1.66 and a beta of 0.95. The company's fifty day simple moving average is $19.11 and its two-hundred day simple moving average is $21.02. Americold Realty Trust, Inc. has a 52 week low of $16.29 and a 52 week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01). The company had revenue of $628.98 million for the quarter, compared to analyst estimates 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 in the prior year, the business posted $0.37 earnings per share. As a group, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The business 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 $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date is Monday, June 30th. Americold Realty Trust's payout ratio is -213.95%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on COLD shares. Scotiabank restated a "sector perform" rating and issued a $20.00 price target on shares of Americold Realty Trust in a research report on Thursday, May 15th. Robert W. Baird dropped their price objective on shares of Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Citigroup dropped their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Wells Fargo & Company dropped their price objective on shares of 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. Finally, Barclays raised shares of 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. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.09.

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.