Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Vident Advisory LLC

Vident Advisory LLC reduced its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 48.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,561 shares of the company's stock after selling 55,288 shares during the quarter. Vident Advisory LLC's holdings in Americold Realty Trust were worth $1,275,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd increased its stake in Americold Realty Trust by 139.3% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company's stock valued at $1,322,000 after purchasing an additional 35,973 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Americold Realty Trust during the fourth quarter valued at $980,000. Envestnet Asset Management Inc. raised its stake in Americold Realty Trust by 7.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 857,571 shares of the company's stock worth $18,352,000 after acquiring an additional 57,248 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Americold Realty Trust by 132.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock valued at $63,151,000 after buying an additional 1,678,949 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Americold Realty Trust by 2.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,226,026 shares of the company's stock valued at $26,237,000 after acquiring an additional 29,580 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COLD has been the topic of several research analyst reports. Robert W. Baird cut their price objective on 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. Citigroup dropped their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Scotiabank restated a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. Wells Fargo & Company decreased their price objective on shares of 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. Finally, Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.09.

Americold Realty Trust Price Performance

Shares of NYSE COLD traded down $0.19 during mid-day trading on Tuesday, reaching $16.63. The company's stock had a trading volume of 6,863,726 shares, compared to its average volume of 2,284,161. The stock has a 50-day moving average of $19.32 and a two-hundred day moving average of $21.08. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The stock has a market capitalization of $4.73 billion, a P/E ratio of -48.91, a P/E/G ratio of 1.66 and a beta of 0.95. Americold Realty Trust, Inc. has a 1-year low of $16.35 and a 1-year high of $30.45.

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 (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $628.98 million for the quarter, compared to analysts' expectations of $667.18 million. During the same period in the prior year, the company posted $0.37 EPS. The firm's revenue was down 5.4% on a year-over-year basis. On average, equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.53%. The ex-dividend date is Monday, June 30th. Americold Realty Trust's payout ratio is currently -213.95%.

Insiders Place Their Bets

In other Americold Realty Trust news, CEO George F. Jr. Chappelle acquired 110,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average cost 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 owns 110,000 shares of the company's stock, valued at approximately $1,978,900. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jay Wells bought 10,000 shares of the business's stock in a transaction on Monday, May 12th. The shares were acquired at an average cost of $17.91 per share, with a total value 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. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.23% of the company's stock.

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.