Foresight Group Ltd Liability Partnership Has $2.08 Million Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Foresight Group Ltd Liability Partnership lifted its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 231.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,540 shares of the company’s stock after acquiring an additional 51,372 shares during the period. Americold Realty Trust makes up 0.9% of Foresight Group Ltd Liability Partnership’s portfolio, making the stock its 17th largest holding. Foresight Group Ltd Liability Partnership’s holdings in Americold Realty Trust were worth $2,079,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after purchasing an additional 735 shares during the period. Blue Trust Inc. grew its position in shares of Americold Realty Trust by 2,727.4% during the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock worth $75,000 after buying an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Americold Realty Trust in the 2nd quarter valued at approximately $85,000. Signaturefd LLC grew its position in shares of Americold Realty Trust by 22.7% in the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock valued at $102,000 after purchasing an additional 740 shares during the period. Finally, CIBC Asset Management Inc acquired a new position in shares of Americold Realty Trust in the 2nd quarter valued at approximately $204,000. 98.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on COLD. Robert W. Baird boosted their price objective on Americold Realty Trust from $29.00 to $31.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Wells Fargo & Company boosted their price objective on Americold Realty Trust from $24.00 to $30.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. upgraded Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a research note on Wednesday, June 26th. Truist Financial boosted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, Barclays cut their target price on Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 14th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.91.

Americold Realty Trust Trading Up 0.4 %

Shares of Americold Realty Trust stock opened at $26.28 on Wednesday. Americold Realty Trust, Inc. has a 12-month low of $21.87 and a 12-month high of $30.92. The stock has a market cap of $7.46 billion, a P/E ratio of -22.46, a P/E/G ratio of 1.77 and a beta of 0.60. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $28.25 and its 200-day moving average is $26.70.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.54). Americold Realty Trust had a negative return on equity of 7.74% and a negative net margin of 10.60%. The company had revenue of $660.96 million for the quarter, compared to the consensus estimate of $653.74 million. During the same quarter in the prior year, the company earned $0.28 EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Equities research 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -75.21%.

About Americold Realty Trust

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.