Vanguard Group Inc. Sells 257,889 Shares of Americold Realty Trust Inc. (NYSE:COLD)

Vanguard Group Inc. lowered its stake in Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 0.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,789,708 shares of the company's stock after selling 257,889 shares during the quarter. Vanguard Group Inc. owned approximately 13.27% of Americold Realty Trust worth $810,967,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Xponance Inc. raised its holdings in shares of Americold Realty Trust by 4.5% during the 1st quarter. Xponance Inc. now owns 13,561 shares of the company's stock valued at $291,000 after buying an additional 581 shares in the last quarter. Janney Capital Management LLC raised its holdings in shares of Americold Realty Trust by 5.5% during the 1st quarter. Janney Capital Management LLC now owns 11,913 shares of the company's stock valued at $256,000 after buying an additional 618 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Americold Realty Trust by 16.9% during the 1st quarter. Signaturefd LLC now owns 4,431 shares of the company's stock valued at $95,000 after buying an additional 640 shares in the last quarter. Capital Insight Partners LLC raised its holdings in shares of Americold Realty Trust by 4.0% during the 1st quarter. Capital Insight Partners LLC now owns 17,706 shares of the company's stock valued at $380,000 after buying an additional 684 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Americold Realty Trust by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 124,940 shares of the company's stock valued at $2,674,000 after buying an additional 780 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on COLD shares. Scotiabank reissued a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a report on Thursday, May 15th. Robert W. Baird set a $19.00 price objective on Americold Realty Trust and gave the company an "outperform" rating in a report on Wednesday. KeyCorp decreased their price target on Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 1st. JPMorgan Chase & Co. cut Americold Realty Trust from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $24.00 to $21.00 in a research note on Monday, June 23rd. Finally, Barclays decreased their price target on Americold Realty Trust from $21.00 to $20.00 and set an "overweight" rating on the stock in a research note on Monday, July 21st. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.58.

Americold Realty Trust Trading Up 0.5%

Shares of COLD stock traded up $0.08 during trading hours on Friday, reaching $14.86. The company's stock had a trading volume of 1,940,891 shares, compared to its average volume of 3,937,595. The stock has a market capitalization of $4.23 billion, a P/E ratio of -78.21, a P/E/G ratio of 4.59 and a beta of 0.81. Americold Realty Trust Inc. has a one year low of $14.23 and a one year high of $29.79. The firm's fifty day simple moving average is $16.38 and its 200 day simple moving average is $18.75. The company has a current ratio of 0.12, a quick ratio of 0.13 and a debt-to-equity ratio of 0.13.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. The firm had revenue of $650.75 million for the quarter, compared to analyst estimates of $644.95 million. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%. The business's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. Equities research analysts expect that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Monday, June 30th. Americold Realty Trust's dividend payout ratio (DPR) is currently -484.21%.

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.