Vert Asset Management LLC Has $2.49 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Vert Asset Management LLC boosted its position in Americold Realty Trust, Inc. (NYSE:COLD) by 3.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 116,360 shares of the company’s stock after buying an additional 4,393 shares during the quarter. Americold Realty Trust comprises 0.9% of Vert Asset Management LLC’s investment portfolio, making the stock its 28th largest holding. Vert Asset Management LLC’s holdings in Americold Realty Trust were worth $2,490,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. FMR LLC lifted its holdings in Americold Realty Trust by 40.8% in the third quarter. FMR LLC now owns 13,261,431 shares of the company’s stock valued at $374,901,000 after buying an additional 3,844,603 shares during the period. AQR Capital Management LLC lifted its stake in shares of Americold Realty Trust by 2,175.4% in the 2nd quarter. AQR Capital Management LLC now owns 1,087,628 shares of the company’s stock valued at $27,071,000 after purchasing an additional 1,039,828 shares during the period. NFJ Investment Group LLC bought a new position in shares of Americold Realty Trust in the 3rd quarter worth $7,320,000. Easterly Investment Partners LLC grew its stake in shares of Americold Realty Trust by 174.6% during the third quarter. Easterly Investment Partners LLC now owns 334,081 shares of the company’s stock worth $9,444,000 after purchasing an additional 212,426 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Americold Realty Trust by 4.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock valued at $110,255,000 after purchasing an additional 165,667 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on COLD. Citigroup reduced their price target on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 4th. Truist Financial lowered their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Robert W. Baird cut their price objective on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, November 8th. Barclays lowered their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. Finally, Royal Bank of Canada cut 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. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.17.

Insider Activity

In other news, SVP Robert E. Harris sold 1,836 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the completion of the sale, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. The trade was a 49.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $22.34 on Tuesday. The stock has a market cap of $6.35 billion, a P/E ratio of -22.11, a P/E/G ratio of 1.60 and a beta of 0.61. The company has a fifty day moving average price of $22.12 and a two-hundred day moving average price of $25.69. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.35). Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The business had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same period last year, the firm earned $0.32 EPS. Americold Realty Trust’s quarterly revenue was up .9% compared to the same quarter last year. As a group, equities analysts predict that Americold Realty Trust, Inc. will post 1.37 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.22 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 3.94%. Americold Realty Trust’s dividend payout ratio is currently -87.13%.

Americold Realty Trust Company 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.