Versor Investments LP Takes $302,000 Position in Americold Realty Trust, Inc. (NYSE:COLD)

Versor Investments LP purchased a new stake in Americold Realty Trust, Inc. (NYSE:COLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 14,100 shares of the company’s stock, valued at approximately $302,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in Americold Realty Trust by 2,288.1% in the third 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. Venturi Wealth Management LLC lifted its stake in shares of Americold Realty Trust by 1,081.4% in the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock valued at $48,000 after purchasing an additional 2,033 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Americold Realty Trust in the 3rd quarter valued at $55,000. Capital Performance Advisors LLP bought a new stake in Americold Realty Trust in the third quarter worth $128,000. Finally, Blue Trust Inc. increased its position in Americold Realty Trust by 100.6% during the fourth quarter. Blue Trust Inc. now owns 7,783 shares of the company’s stock worth $167,000 after buying an additional 3,903 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of Americold Realty Trust stock opened at $22.42 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The company has a market cap of $6.37 billion, a PE ratio of -65.94, a price-to-earnings-growth ratio of 1.66 and a beta of 0.61. The firm has a fifty day moving average price of $21.63 and a two-hundred day moving average price of $24.50. Americold Realty Trust, Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $30.45.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million during the quarter, compared to analysts’ expectations of $684.03 million. Analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio is presently -258.82%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on COLD shares. Robert W. Baird reduced their price target on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. Raymond James reduced their target price on Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, December 11th. Royal Bank of Canada lowered their price target on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Citigroup reduced their price objective on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Finally, Barclays lowered their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.17.

Insider Activity at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the sale, the senior vice president now directly owns 1,837 shares in the company, valued at approximately $41,589.68. The trade was a 49.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

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.