Employees Retirement System of Texas Boosts Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Employees Retirement System of Texas boosted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 237,868 shares of the company's stock after buying an additional 15,000 shares during the period. Employees Retirement System of Texas owned 0.08% of Americold Realty Trust worth $5,090,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Americold Realty Trust during the 4th quarter valued at approximately $478,674,000. Cohen & Steers Inc. grew its stake in shares of Americold Realty Trust by 16.3% in the 4th quarter. Cohen & Steers Inc. now owns 28,837,300 shares of the company's stock valued at $617,085,000 after purchasing an additional 4,049,374 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of Americold Realty Trust by 115.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 6,387,738 shares of the company's stock valued at $136,698,000 after purchasing an additional 3,427,083 shares during the period. Invesco Ltd. increased its holdings in shares of Americold Realty Trust by 253.8% in the fourth quarter. Invesco Ltd. now owns 3,213,139 shares of the company's stock valued at $68,761,000 after purchasing an additional 2,304,867 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of 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 purchasing an additional 1,678,949 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

Insider Activity

In other news, CFO Jay Wells acquired 10,000 shares of Americold Realty Trust 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 purchase, the chief financial officer now owns 10,000 shares of the company's stock, valued at approximately $179,100. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George F. Jr. Chappelle bought 110,000 shares of the stock in a transaction on Monday, May 12th. The stock was purchased at an average cost of $17.99 per share, with a total value of $1,978,900.00. Following the completion of the purchase, the chief executive officer now directly owns 110,000 shares in the company, valued at $1,978,900. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.23% of the company's stock.

Americold Realty Trust Price Performance

COLD stock traded down $0.17 during trading on Friday, reaching $16.59. 3,047,025 shares of the company were exchanged, compared to its average volume of 2,287,118. 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 stock's 50 day moving average price is $18.91 and its 200 day moving average price is $20.93. Americold Realty Trust, Inc. has a 52-week low of $16.29 and a 52-week high of $30.45. The company has a market cap of $4.72 billion, a P/E ratio of -48.79, a PEG ratio of 1.66 and a beta of 0.95.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 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 quarter in the previous year, the business posted $0.37 earnings per share. As a group, analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.55%. The ex-dividend date is Monday, June 30th. Americold Realty Trust's dividend payout ratio (DPR) is -213.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Scotiabank reiterated a "sector perform" rating and issued a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. Wells Fargo & Company lowered their target price 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. Citigroup dropped their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Robert W. Baird reduced their price objective 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. Finally, Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price objective for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Americold Realty Trust presently has an average rating of "Moderate Buy" and a consensus price target 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.