Jane Street Group LLC Sells 69,212 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Jane Street Group LLC reduced its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 51.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,642 shares of the company's stock after selling 69,212 shares during the quarter. Jane Street Group LLC's holdings in Americold Realty Trust were worth $1,405,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in COLD. Barclays PLC lifted its holdings in shares of Americold Realty Trust by 22.3% in the 3rd quarter. Barclays PLC now owns 98,739 shares of the company's stock valued at $2,791,000 after buying an additional 18,015 shares during the period. Park Avenue Securities LLC raised its holdings in shares of Americold Realty Trust by 19.6% during the fourth quarter. Park Avenue Securities LLC now owns 21,156 shares of the company's stock valued at $453,000 after acquiring an additional 3,464 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Americold Realty Trust by 48.1% in the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company's stock valued at $1,139,000 after purchasing an additional 17,295 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Americold Realty Trust in the fourth quarter valued at approximately $702,000. Finally, Fifth Third Bancorp grew its position in shares of Americold Realty Trust by 33.4% in the fourth quarter. Fifth Third Bancorp now owns 65,917 shares of the company's stock valued at $1,411,000 after purchasing an additional 16,511 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Americold Realty Trust

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

Analyst Upgrades and Downgrades

COLD has been the subject of several research analyst reports. Scotiabank restated 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. Robert W. Baird cut their price target on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a research note on Friday, May 16th. Barclays raised 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. Wells Fargo & Company dropped their price objective on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a report on Monday. Finally, Citigroup lowered their price target on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Americold Realty Trust currently has an average rating of "Moderate Buy" and an average price target of $26.09.

Americold Realty Trust Stock Performance

NYSE COLD traded up $0.01 on Thursday, hitting $17.13. The stock had a trading volume of 2,529,731 shares, compared to its average volume of 2,263,007. Americold Realty Trust, Inc. has a one year low of $16.56 and a one year high of $30.45. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of -50.37, a P/E/G ratio of 1.66 and a beta of 0.95. The company's 50-day moving average is $19.52 and its two-hundred day moving average is $21.23.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its 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 net margin of 3.54% and a negative return on equity of 2.70%. The firm's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the prior year, the company 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.37%. Americold Realty Trust's dividend payout ratio (DPR) is -213.95%.

About Americold Realty Trust

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.