Teacher Retirement System of Texas Buys 76,183 Shares of Americold Realty Trust Inc. (NYSE:COLD)

Teacher Retirement System of Texas increased its position in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 270.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 104,330 shares of the company's stock after buying an additional 76,183 shares during the quarter. Teacher Retirement System of Texas' holdings in Americold Realty Trust were worth $2,239,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in COLD. Cohen & Steers Inc. raised its stake in shares of Americold Realty Trust by 16.3% in the fourth quarter. Cohen & Steers Inc. now owns 28,837,300 shares of the company's stock worth $617,085,000 after purchasing an additional 4,049,374 shares during the last quarter. Norges Bank purchased a new stake in shares of Americold Realty Trust in the fourth quarter worth approximately $478,674,000. FMR LLC raised its stake in shares of Americold Realty Trust by 0.9% in the fourth quarter. FMR LLC now owns 13,382,883 shares of the company's stock worth $286,394,000 after purchasing an additional 121,452 shares during the last quarter. Alyeska Investment Group L.P. raised its stake 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 worth $136,698,000 after purchasing an additional 3,427,083 shares during the last quarter. Finally, PGGM Investments raised its stake in shares of Americold Realty Trust by 13.4% in the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company's stock worth $118,961,000 after purchasing an additional 655,782 shares during the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Americold Realty Trust

In other news, CEO George F. Jr. Chappelle acquired 110,000 shares of Americold Realty Trust stock in a transaction on Monday, May 12th. The stock was acquired at an average cost of $17.99 per share, with a total value of $1,978,900.00. Following the completion of the acquisition, the chief executive officer owned 110,000 shares in the company, valued at approximately $1,978,900. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jay Wells purchased 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The stock was bought 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 directly owned 10,000 shares of the company's stock, valued at approximately $179,100. 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 currently owned by corporate insiders.

Americold Realty Trust Stock Performance

NYSE COLD traded up $0.07 on Friday, hitting $16.63. 3,146,719 shares of the stock traded hands, compared to its average volume of 2,380,435. The business's fifty day moving average is $17.10 and its two-hundred day moving average is $19.73. Americold Realty Trust Inc. has a 12 month low of $16.06 and a 12 month high of $30.45. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of -38.67, a PEG ratio of 1.95 and a beta of 0.84. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.13 and a current ratio of 0.13.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. The firm had revenue of $628.98 million for the quarter, compared to the consensus estimate of $667.18 million. During the same period last year, the company posted $0.37 earnings per share. Americold Realty Trust's revenue for the quarter was down 5.4% on a year-over-year basis. 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend is Monday, June 30th. Americold Realty Trust's dividend payout ratio (DPR) is -213.95%.

Analysts Set New Price Targets

Several brokerages have recently commented on COLD. 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 lowered their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Robert W. Baird lowered their price objective on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating for the company in a research note on Friday, May 16th. BNP Paribas Exane lowered Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 target price for the company. in a report on Thursday, June 12th. Finally, JPMorgan Chase & Co. lowered Americold Realty Trust from an "overweight" rating to a "neutral" rating and reduced their target price for the company from $24.00 to $21.00 in a report on Monday, June 23rd. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Americold Realty Trust has a consensus rating of "Moderate Buy" and an average target price of $24.00.

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.