Nissay Asset Management Corp Japan ADV Has $828,000 Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Nissay Asset Management Corp Japan ADV increased its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,703 shares of the company’s stock after buying an additional 1,492 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Americold Realty Trust were worth $828,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in COLD. Barclays PLC raised its stake in Americold Realty Trust by 22.3% during the 3rd quarter. Barclays PLC now owns 98,739 shares of the company’s stock worth $2,791,000 after buying an additional 18,015 shares during the period. Park Avenue Securities LLC raised its stake in Americold Realty Trust by 19.6% during the 4th quarter. Park Avenue Securities LLC now owns 21,156 shares of the company’s stock worth $453,000 after buying an additional 3,464 shares during the period. SG Americas Securities LLC raised its stake in Americold Realty Trust by 48.1% during the 4th quarter. SG Americas Securities LLC now owns 53,236 shares of the company’s stock worth $1,139,000 after buying an additional 17,295 shares during the period. Janney Montgomery Scott LLC acquired a new position in Americold Realty Trust during the 4th quarter worth approximately $702,000. Finally, Fifth Third Bancorp raised its stake in Americold Realty Trust by 33.4% during the 4th quarter. Fifth Third Bancorp now owns 65,917 shares of the company’s stock worth $1,411,000 after buying an additional 16,511 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Americold Realty Trust

In other news, CEO George F. Jr. Chappelle acquired 110,000 shares of Americold Realty Trust stock in a transaction on Monday, May 12th. The stock was acquired at an average cost of $17.99 per share, with a total value of $1,978,900.00. Following the completion of the acquisition, the chief executive officer now owns 110,000 shares in the company, valued at approximately $1,978,900. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jay Wells acquired 10,000 shares of Americold Realty Trust stock in a transaction on Monday, May 12th. The shares were purchased at an average cost of $17.91 per share, with a total value of $179,100.00. Following the completion of the acquisition, the chief financial officer now owns 10,000 shares of the company’s stock, valued at $179,100. This trade represents a ? increase in their position. The disclosure for this purchase can be found here. 0.23% of the stock is owned by corporate insiders.

Americold Realty Trust Stock Performance

Shares of COLD opened at $18.21 on Monday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of -53.56, a PEG ratio of 1.66 and a beta of 0.95. The stock has a 50 day moving average of $19.82 and a 200 day moving average of $21.39. Americold Realty Trust, Inc. has a 12 month low of $16.56 and a 12 month high of $30.45.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The business had revenue of $628.98 million for 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%. The business’s revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share. As a group, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup dropped their price target on 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. Robert W. Baird lowered their price objective on Americold Realty Trust from $27.00 to $23.00 and set an “outperform” rating for the company in a research note on Friday. Barclays raised Americold Realty Trust from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Finally, Scotiabank reissued a “sector perform” rating and issued a $20.00 price objective on shares of Americold Realty Trust in a research note on Thursday. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.18.

About Americold Realty Trust

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.