Freestone Grove Partners LP Takes $479,000 Position in Americold Realty Trust, Inc. (NYSE:COLD)

Freestone Grove Partners LP bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 22,404 shares of the company's stock, valued at approximately $479,000.

Other large investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in Americold Realty Trust in the 4th quarter valued at about $25,000. Venturi Wealth Management LLC raised its position in Americold Realty Trust by 1,081.4% in the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after purchasing an additional 2,033 shares in the last quarter. Vestcor Inc purchased a new position in shares of Americold Realty Trust in the 4th quarter valued at about $86,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Americold Realty Trust during the fourth quarter worth about $86,000. Finally, Headlands Technologies LLC increased its stake in shares of Americold Realty Trust by 2,681.3% during the fourth quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after buying an additional 4,156 shares during the period. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Stock Performance

COLD traded up $0.15 during trading on Wednesday, hitting $18.36. The stock had a trading volume of 3,499,938 shares, compared to its average volume of 2,215,853. Americold Realty Trust, Inc. has a twelve month low of $16.67 and a twelve month high of $30.45. The firm has a market capitalization of $5.23 billion, a P/E ratio of -54.00, a PEG ratio of 1.66 and a beta of 0.95. 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 company's 50-day moving average price is $20.46 and its 200 day moving average price is $21.86.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.27. 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 $666.44 million during the quarter, compared to analysts' expectations of $684.03 million. On average, equities research analysts forecast that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were issued a $0.23 dividend. The ex-dividend date was Friday, March 28th. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 5.01%. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their price objective for the stock from $26.00 to $21.00 in a research report on Wednesday, April 9th. Scotiabank decreased their target price on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research note on Thursday, April 10th. Finally, 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. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $28.00.

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.