Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. trimmed its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 50.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,347 shares of the company’s stock after selling 16,876 shares during the period. Landscape Capital Management L.L.C.’s holdings in Americold Realty Trust were worth $462,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of COLD. Capital Insight Partners LLC lifted its stake in Americold Realty Trust by 2.6% during the second quarter. Capital Insight Partners LLC now owns 15,274 shares of the company’s stock valued at $390,000 after buying an additional 380 shares in the last quarter. Moors & Cabot Inc. boosted its stake in Americold Realty Trust by 2.3% in the 2nd quarter. Moors & Cabot Inc. now owns 17,340 shares of the company’s stock worth $443,000 after purchasing an additional 390 shares during the period. Signaturefd LLC grew its position in Americold Realty Trust by 17.3% during the 3rd quarter. Signaturefd LLC now owns 4,683 shares of the company’s stock worth $132,000 after purchasing an additional 689 shares in the last quarter. Handelsbanken Fonder AB raised its stake in Americold Realty Trust by 1.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 73,900 shares of the company’s stock valued at $2,089,000 after purchasing an additional 700 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Americold Realty Trust by 189.9% in 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 in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on COLD shares. Robert W. Baird lowered their price target on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Wells Fargo & Company upped their target price 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. Truist Financial raised their price target on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Royal Bank of Canada dropped their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Finally, Evercore ISI lifted their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.55.

Americold Realty Trust Trading Up 0.9 %

Shares of NYSE:COLD opened at $23.09 on Friday. 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 stock has a market capitalization of $6.56 billion, a PE ratio of -22.86, a P/E/G ratio of 1.80 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 firm has a fifty day moving average price of $26.01 and a 200 day moving average price of $26.82.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same period in the prior year, the company posted $0.32 EPS. The business’s revenue was up .9% on a year-over-year basis. Analysts expect that Americold Realty Trust, Inc. will post 1.39 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.81%. The ex-dividend date was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -87.13%.

Americold Realty Trust Company 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.