Nebula Research & Development LLC Decreases Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Nebula Research & Development LLC decreased its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 65.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,765 shares of the company's stock after selling 22,177 shares during the quarter. Nebula Research & Development LLC's holdings in Americold Realty Trust were worth $252,000 as of its most recent SEC filing.

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

Americold Realty Trust Stock Performance

Americold Realty Trust stock traded down $0.73 during trading hours on Monday, reaching $18.73. 3,072,302 shares of the stock were exchanged, compared to its average volume of 2,204,041. The stock has a market cap of $5.33 billion, a P/E ratio of -55.07, a P/E/G ratio of 1.66 and a beta of 0.95. The firm's 50 day moving average is $20.72 and its 200 day moving average is $21.97. 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, Inc. has a 52-week low of $16.67 and a 52-week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its 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. The company had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. Analysts predict 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 given a dividend of $0.23 per share. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 4.91%. The ex-dividend date was Friday, March 28th. Americold Realty Trust's payout ratio is presently -270.59%.

Analyst Ratings Changes

A number of research firms recently commented on COLD. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and dropped their target price for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Citigroup cut their target price on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, March 21st. Finally, 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 report on Thursday, April 10th. Two 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, the stock has an average rating of "Moderate Buy" and an average 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.