Nomura Holdings Inc. Invests $608,000 in Americold Realty Trust, Inc. (NYSE:COLD)

Nomura Holdings Inc. purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 28,401 shares of the company's stock, valued at approximately $608,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in Americold Realty Trust in the 4th quarter valued at approximately $478,674,000. Cohen & Steers Inc. lifted 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 acquiring an additional 4,049,374 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of Americold Realty Trust by 115.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 6,387,738 shares of the company's stock valued at $136,698,000 after acquiring an additional 3,427,083 shares in the last quarter. Invesco Ltd. grew its position in Americold Realty Trust by 253.8% during the 4th quarter. Invesco Ltd. now owns 3,213,139 shares of the company's stock worth $68,761,000 after acquiring an additional 2,304,867 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Americold Realty Trust by 132.0% in the 4th 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 in the last quarter. Institutional investors own 98.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Wells Fargo & Company reduced their price target on 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. Scotiabank reissued a "sector perform" rating and issued a $20.00 price objective on shares of Americold Realty Trust in a research note on Thursday, May 15th. Citigroup reduced their price target on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, March 21st. Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their target price for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Finally, Robert W. Baird lowered 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 report on Friday, May 16th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $26.09.

Americold Realty Trust Stock Down 1.8%

NYSE COLD traded down $0.30 on Monday, hitting $16.82. 3,142,382 shares of the company were exchanged, compared to its average volume of 2,265,769. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market cap of $4.79 billion, a PE ratio of -49.47, a PEG ratio of 1.66 and a beta of 0.95. The stock has a fifty day moving average of $19.42 and a 200-day moving average of $21.12. Americold Realty Trust, Inc. has a 12 month low of $16.56 and a 12 month high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued 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 firm had revenue of $628.98 million during the quarter, compared to the consensus estimate 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 business's quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 earnings per share. As a group, analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.23 per share. The ex-dividend date is Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.47%. Americold Realty Trust's payout ratio is -213.95%.

Insider Transactions at Americold Realty Trust

In other Americold Realty Trust news, CEO George F. Jr. Chappelle bought 110,000 shares of the business's stock in a transaction 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 completion of 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 ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Jay Wells purchased 10,000 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was purchased at an average cost of $17.91 per share, for a total transaction of $179,100.00. Following the acquisition, the chief financial officer now owns 10,000 shares of the company's stock, valued at approximately $179,100. 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.

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.