Amalgamated Bank Has $425,000 Stake in Americold Realty Trust, Inc. (NYSE:COLD)

Amalgamated Bank lowered its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,034 shares of the company’s stock after selling 755 shares during the quarter. Amalgamated Bank’s holdings in Americold Realty Trust were worth $425,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in COLD. GAMMA Investing LLC lifted its position in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after buying an additional 735 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Americold Realty Trust by 2,727.4% in the second quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock worth $75,000 after acquiring an additional 2,891 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Americold Realty Trust in the second quarter worth about $85,000. Signaturefd LLC lifted its position in shares of Americold Realty Trust by 22.7% during the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after purchasing an additional 740 shares in the last quarter. Finally, CIBC Asset Management Inc bought a new stake in shares of Americold Realty Trust during the second quarter valued at approximately $204,000. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on COLD. Truist Financial upped their price objective on Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Wells Fargo & Company raised their price target 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. Robert W. Baird dropped their price objective on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Royal Bank of Canada reduced their target price 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. Finally, Evercore ISI boosted their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.73.

Americold Realty Trust Trading Up 0.4 %

COLD opened at $21.82 on Friday. The firm’s fifty day moving average is $26.67 and its two-hundred day moving average is $26.85. The firm has a market cap of $6.20 billion, a PE ratio of -21.60, a price-to-earnings-growth ratio of 1.76 and a beta of 0.61. Americold Realty Trust, Inc. has a twelve month low of $21.53 and a twelve month high of $30.92. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.16 and a current ratio of 0.15.

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 the consensus estimate of $0.34 by ($0.35). The business had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 EPS. Equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.39 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders 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 4.03%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -87.13%.

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.