Vident Advisory LLC Decreases Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

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

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Barclays PLC boosted its position in Americold Realty Trust by 22.3% in the third 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 in the last quarter. Park Avenue Securities LLC raised its position 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 worth $453,000 after acquiring an additional 3,464 shares during the last quarter. SG Americas Securities LLC raised its stake in Americold Realty Trust by 48.1% during the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company's stock worth $1,139,000 after buying an additional 17,295 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in Americold Realty Trust during the fourth quarter worth $702,000. Finally, Fifth Third Bancorp increased its stake in 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. Institutional investors and hedge funds own 98.14% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Citigroup decreased their target price on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Scotiabank reissued a "sector perform" rating and set a $20.00 target price on shares of Americold Realty Trust in a research report on Thursday, May 15th. Wells Fargo & Company decreased their target price on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Finally, Robert W. Baird cut their price target on shares of Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $26.09.

Insider Buying and Selling

In other news, CEO George F. Jr. Chappelle acquired 110,000 shares of the business's stock in a transaction on Monday, May 12th. The shares were acquired 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 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 the SEC website. Also, CFO Jay Wells acquired 10,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was acquired at an average cost of $17.91 per share, with a total value of $179,100.00. Following the completion of the purchase, the chief financial officer now owns 10,000 shares of the company's stock, valued at $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 company insiders.

Americold Realty Trust Stock Performance

NYSE COLD traded up $0.51 during trading hours on Thursday, hitting $16.82. 2,593,490 shares of the company's stock traded hands, compared to its average volume of 2,283,566. The business's fifty day moving average price is $19.11 and its two-hundred day moving average price is $21.02. 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 firm has a market capitalization of $4.79 billion, a P/E ratio of -49.43, a P/E/G ratio of 1.66 and a beta of 0.95. Americold Realty Trust, Inc. has a 52 week low of $16.29 and a 52 week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results 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 3.54% and a negative return on equity of 2.70%. The firm 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 firm earned $0.37 EPS. Americold Realty Trust's revenue for the quarter was down 5.4% compared to the same quarter last year. Equities research analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS 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. Investors of record on Monday, June 30th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend is Monday, June 30th. Americold Realty Trust's dividend payout ratio is presently -213.95%.

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.