Moors & Cabot Inc. Purchases 2,110 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Moors & Cabot Inc. raised its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 11.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,150 shares of the company’s stock after buying an additional 2,110 shares during the quarter. Moors & Cabot Inc.’s holdings in Americold Realty Trust were worth $431,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. raised its stake in Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after buying an additional 961 shares during the last quarter. Venturi Wealth Management LLC increased its stake in Americold Realty Trust by 1,081.4% during the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock valued at $48,000 after purchasing an additional 2,033 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Americold Realty Trust in the third quarter worth $55,000. Blue Trust Inc. lifted its stake in shares of Americold Realty Trust by 100.6% during the fourth quarter. Blue Trust Inc. now owns 7,783 shares of the company’s stock worth $167,000 after buying an additional 3,903 shares during the period. Finally, Point72 DIFC Ltd grew its holdings in shares of Americold Realty Trust by 405.7% during the third quarter. Point72 DIFC Ltd now owns 7,226 shares of the company’s stock valued at $204,000 after buying an additional 5,797 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on COLD. Truist Financial lowered their price target on 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. Citigroup decreased their target price on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Scotiabank increased their price target on shares of Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a report on Monday, March 10th. Raymond James decreased their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. Finally, Barclays dropped their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.25.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $21.39 on Friday. Americold Realty Trust, Inc. has a 1 year low of $20.41 and a 1 year high of $30.45. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The company’s fifty day moving average price is $21.73 and its 200 day moving average price is $24.04. The company has a market capitalization of $6.08 billion, a PE ratio of -62.90, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD) last posted its 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 net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. On average, research analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.12%. Americold Realty Trust’s payout ratio is currently -258.82%.

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.