GAMMA Investing LLC Purchases 136,996 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

GAMMA Investing LLC boosted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 11,560.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,181 shares of the company's stock after purchasing an additional 136,996 shares during the period. GAMMA Investing LLC's holdings in Americold Realty Trust were worth $2,965,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new stake in Americold Realty Trust during the fourth quarter valued at approximately $25,000. Venturi Wealth Management LLC lifted its stake in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after purchasing an additional 2,033 shares during the last quarter. Vestcor Inc acquired a new stake in Americold Realty Trust during the fourth quarter valued at approximately $86,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Americold Realty Trust in the 4th quarter valued at approximately $86,000. Finally, Headlands Technologies LLC lifted its position in shares of Americold Realty Trust by 2,681.3% in the 4th quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock valued at $92,000 after acquiring an additional 4,156 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on COLD. 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 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 reduced their price target 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, May 19th. BNP Paribas Exane downgraded shares of Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 price target for the company. in a research report on Thursday. Finally, Citigroup reduced their price target 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. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $25.42.

Insider Activity

In other news, CFO Jay Wells bought 10,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were acquired at an average cost of $17.91 per share, for a total transaction of $179,100.00. Following the purchase, the chief financial officer now owns 10,000 shares of the company's stock, valued at $179,100. This represents a ∞ increase in their position. The transaction was disclosed in a legal 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 stock was purchased at an average price of $17.99 per share, for a total transaction of $1,978,900.00. Following the acquisition, the chief executive officer now directly owns 110,000 shares in the company, valued at approximately $1,978,900. This trade represents 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 insiders.

Americold Realty Trust Stock Down 0.6%

Americold Realty Trust stock traded down $0.10 during trading hours on Monday, hitting $16.74. The company had a trading volume of 2,279,959 shares, compared to its average volume of 2,293,811. The firm has a market capitalization of $4.77 billion, a P/E ratio of -49.25, a price-to-earnings-growth ratio of 1.66 and a beta of 0.84. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The firm's fifty day moving average is $18.22 and its 200-day moving average is $20.45. Americold Realty Trust, Inc. has a fifty-two week low of $16.11 and a fifty-two week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced 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 business 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 last year, the company earned $0.37 EPS. On average, research analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.23 per share. The ex-dividend date is Monday, June 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.49%. Americold Realty Trust's dividend payout ratio is currently -213.95%.

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.