Americold Realty Trust, Inc. (NYSE:COLD) Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC boosted its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 27.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,913 shares of the company’s stock after acquiring an additional 5,718 shares during the quarter. Metis Global Partners LLC’s holdings in Americold Realty Trust were worth $761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Assetmark Inc. boosted its stake in shares of Americold Realty Trust by 2,288.1% during the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after acquiring an additional 961 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Americold Realty Trust by 189.9% during the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after purchasing an additional 735 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Americold Realty Trust by 2,727.4% in the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock valued at $75,000 after purchasing an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Americold Realty Trust in the 2nd quarter worth about $85,000. Finally, Signaturefd LLC increased its stake in Americold Realty Trust by 22.7% in the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after purchasing an additional 740 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COLD has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Evercore ISI raised their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Scotiabank lifted their price objective on shares of Americold Realty Trust from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 19th. Robert W. Baird reduced their target price on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Finally, Wells Fargo & Company lifted their price target on Americold Realty Trust from $24.00 to $30.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.73.

Americold Realty Trust Price Performance

Shares of NYSE:COLD opened at $21.82 on Monday. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of -21.60, a P/E/G ratio of 1.72 and a beta of 0.61. Americold Realty Trust, Inc. has a 1 year low of $21.53 and a 1 year high of $30.92. The company has a current ratio of 0.15, a quick ratio of 0.16 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $26.67 and a 200 day simple moving average of $26.88.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.35). Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The firm had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. During the same period in the previous year, the firm posted $0.32 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts predict that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is -87.13%.

Americold Realty Trust Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.