Foresight Group Ltd Liability Partnership Acquires 14,320 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Foresight Group Ltd Liability Partnership grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 19.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 87,860 shares of the company’s stock after purchasing an additional 14,320 shares during the quarter. Americold Realty Trust comprises about 1.1% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 14th largest position. Foresight Group Ltd Liability Partnership’s holdings in Americold Realty Trust were worth $1,864,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in COLD. Assetmark Inc. lifted its stake in shares of Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after acquiring an additional 961 shares during the period. GAMMA Investing LLC boosted its stake in shares of Americold Realty Trust by 189.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after purchasing an additional 735 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Americold Realty Trust during the 3rd quarter worth approximately $55,000. Blue Trust Inc. lifted its holdings in Americold Realty Trust by 29.5% in the third quarter. Blue Trust Inc. now owns 3,880 shares of the company’s stock valued at $110,000 after buying an additional 883 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in Americold Realty Trust during the 3rd quarter worth $128,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of COLD opened at $21.39 on Friday. The firm has a market capitalization of $6.08 billion, a PE ratio of -21.18, a PEG ratio of 1.55 and a beta of 0.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The company’s 50-day moving average is $22.19 and its 200-day moving average is $25.92. Americold Realty Trust, Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $30.45.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.35). The firm had revenue of $674.17 million for the quarter, compared to the consensus estimate 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 company’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 EPS. Equities analysts forecast that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio is -87.13%.

Insider Transactions at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the business’s stock in a transaction 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on COLD. Truist Financial dropped their price objective on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Barclays lowered their price target 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. Royal Bank of Canada decreased their price objective on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th. Citigroup dropped their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Finally, Scotiabank dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a report on Tuesday, December 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.17.

Americold Realty Trust Profile

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.