Y Intercept Hong Kong Ltd Grows Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Y Intercept Hong Kong Ltd boosted its position in Americold Realty Trust, Inc. (NYSE:COLD) by 139.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,788 shares of the company’s stock after buying an additional 35,973 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Americold Realty Trust were worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of COLD. FMR LLC increased its position in Americold Realty Trust by 40.8% in the third quarter. FMR LLC now owns 13,261,431 shares of the company’s stock worth $374,901,000 after buying an additional 3,844,603 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Americold Realty Trust by 78.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company’s stock valued at $53,975,000 after purchasing an additional 1,109,528 shares in the last quarter. NFJ Investment Group LLC purchased a new position in shares of Americold Realty Trust in the third quarter valued at $7,320,000. Easterly Investment Partners LLC grew its position in shares of Americold Realty Trust by 174.6% in the third quarter. Easterly Investment Partners LLC now owns 334,081 shares of the company’s stock valued at $9,444,000 after purchasing an additional 212,426 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of 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 in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Americold Realty Trust Trading Up 1.2 %

Shares of COLD stock opened at $22.43 on Thursday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $21.56 and a two-hundred day moving average price of $24.60. Americold Realty Trust, Inc. has a 12-month low of $20.41 and a 12-month high of $30.45. The firm has a market cap of $6.38 billion, a P/E ratio of -65.97, a price-to-earnings-growth ratio of 1.66 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $666.44 million during the quarter, compared to analyst estimates of $684.03 million. Equities analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is currently -258.82%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Scotiabank reduced their price target on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a research report on Tuesday, December 10th. Raymond James reduced their price target on Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. Citigroup reduced their price target on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, December 4th. 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. Finally, Barclays reduced their price target on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Three 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 presently has an average rating of “Moderate Buy” and a consensus price target of $29.17.

About Americold Realty Trust

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.