Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Entropy Technologies LP

Entropy Technologies LP cut its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 14.7% in the third quarter, HoldingsChannel reports. The firm owned 28,333 shares of the company’s stock after selling 4,898 shares during the period. Entropy Technologies LP’s holdings in Americold Realty Trust were worth $801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in Americold Realty Trust by 9.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 28,330 shares of the company’s stock worth $706,000 after buying an additional 2,451 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Americold Realty Trust by 5.1% in the first quarter. Swiss National Bank now owns 559,700 shares of the company’s stock valued at $13,948,000 after acquiring an additional 27,100 shares in the last quarter. US Bancorp DE boosted its holdings in Americold Realty Trust by 5.3% during the first quarter. US Bancorp DE now owns 89,198 shares of the company’s stock worth $2,223,000 after buying an additional 4,516 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in Americold Realty Trust by 2.1% during the first quarter. State Board of Administration of Florida Retirement System now owns 268,624 shares of the company’s stock worth $6,694,000 after buying an additional 5,445 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Americold Realty Trust by 2.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 163,296 shares of the company’s stock valued at $4,069,000 after purchasing an additional 4,361 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD opened at $21.73 on Friday. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of -21.51, a P/E/G ratio of 1.78 and a beta of 0.61. The firm’s 50 day simple moving average is $26.96 and its 200 day simple moving average is $26.85. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.16. Americold Realty Trust, Inc. has a fifty-two week low of $21.53 and a fifty-two week high of $30.92.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. During the same period in the prior year, the business posted $0.32 earnings per share. Americold Realty Trust’s quarterly revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is presently -87.13%.

Analyst Ratings Changes

COLD has been the subject of several research analyst reports. Wells Fargo & Company upped their price target on shares of Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th. Robert W. Baird dropped their price target on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Barclays raised their price objective on shares of Americold Realty Trust from $25.00 to $28.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Evercore ISI lifted their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Finally, Truist Financial lifted their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.73.

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.