Americold Realty Trust, Inc. (NYSE:COLD) CFO Acquires $179,100.00 in Stock

Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) CFO Jay Wells bought 10,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were purchased at an average price of $17.91 per share, for a total transaction of $179,100.00. Following the transaction, the chief financial officer now directly owns 10,000 shares of the company's stock, valued at approximately $179,100. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Americold Realty Trust Stock Performance

COLD traded up $0.21 during trading on Friday, reaching $18.21. The company's stock had a trading volume of 3,757,754 shares, compared to its average volume of 2,262,963. Americold Realty Trust, Inc. has a 52-week low of $16.56 and a 52-week high of $30.45. The company's fifty day moving average price is $19.82 and its 200-day moving average price is $21.45. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of -53.56, a price-to-earnings-growth 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.

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

Americold Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were paid a dividend of $0.23 per share. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.92 annualized dividend and a dividend yield of 5.05%. Americold Realty Trust's payout ratio is -213.95%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Scotiabank reissued a "sector perform" rating and set a $20.00 price target on shares of Americold Realty Trust in a report on Thursday. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price target for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Robert W. Baird lowered their price target on Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Citigroup lowered their price target on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.18.

Institutional Investors Weigh In On Americold Realty Trust

Several institutional investors have recently modified their holdings of the company. Xponance Inc. boosted its stake 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 worth $291,000 after acquiring an additional 581 shares in the last quarter. Janney Capital Management LLC grew its holdings in 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 during the last quarter. Signaturefd LLC grew its holdings in 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 during the last quarter. Arizona State Retirement System grew its holdings in Americold Realty Trust by 0.8% during the 4th quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock valued at $1,677,000 after buying an additional 644 shares during the last quarter. Finally, Capital Insight Partners LLC grew its holdings in 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 during the last quarter. Hedge funds and other institutional investors own 98.14% 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.