Schonfeld Strategic Advisors LLC Increases Position in Americold Realty Trust, Inc. (NYSE:COLD)

Schonfeld Strategic Advisors LLC increased its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 353.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 745,899 shares of the company's stock after acquiring an additional 581,506 shares during the period. Schonfeld Strategic Advisors LLC owned about 0.26% of Americold Realty Trust worth $15,962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Northern Trust Corp grew its position in Americold Realty Trust by 28.2% in the fourth quarter. Northern Trust Corp now owns 2,624,672 shares of the company's stock worth $56,168,000 after acquiring an additional 577,772 shares in the last quarter. Earnest Partners LLC grew its position in Americold Realty Trust by 32.5% in the fourth quarter. Earnest Partners LLC now owns 2,523,989 shares of the company's stock worth $54,013,000 after acquiring an additional 619,503 shares in the last quarter. Argosy Lionbridge Management LLC purchased a new position in Americold Realty Trust in the fourth quarter worth $2,996,000. Price T Rowe Associates Inc. MD grew its position in Americold Realty Trust by 1.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 177,609 shares of the company's stock worth $3,801,000 after acquiring an additional 3,335 shares in the last quarter. Finally, Pinebridge Investments L.P. grew its position in Americold Realty Trust by 4.3% in the fourth quarter. Pinebridge Investments L.P. now owns 25,257 shares of the company's stock worth $540,000 after acquiring an additional 1,045 shares in the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

COLD opened at $20.11 on Wednesday. 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. The stock has a market capitalization of $5.73 billion, a PE ratio of -59.15, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The stock's 50 day moving average price is $20.89 and its 200-day moving average price is $22.16.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. On average, equities research analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, March 28th. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 4.57%. Americold Realty Trust's payout ratio is -270.59%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays upgraded 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 report on Wednesday, April 9th. Scotiabank lowered their price target on shares of 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 lowered their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $28.00.

Americold Realty Trust 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.

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