Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Vision Capital Corp

Vision Capital Corp cut its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 38.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 829,720 shares of the company’s stock after selling 527,600 shares during the quarter. Americold Realty Trust comprises about 3.8% of Vision Capital Corp’s investment portfolio, making the stock its 7th largest position. Vision Capital Corp owned approximately 0.29% of Americold Realty Trust worth $23,456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in COLD. Assetmark Inc. increased its holdings 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 in the last quarter. GAMMA Investing LLC grew its holdings 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 worth $32,000 after acquiring an additional 735 shares during the period. Loomis Sayles & Co. L P purchased a new position in Americold Realty Trust in the 3rd quarter valued at approximately $55,000. Blue Trust Inc. raised its holdings in Americold Realty Trust by 2,727.4% during the second quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock worth $75,000 after purchasing an additional 2,891 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Americold Realty Trust during the second quarter worth $85,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on COLD shares. 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 research report on Wednesday, August 28th. Evercore ISI raised their target price 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. Barclays cut their target price on shares of 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. Scotiabank lifted their price objective on Americold Realty Trust from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research report on Monday, August 19th. Finally, Royal Bank of Canada reduced their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

Americold Realty Trust Price Performance

COLD stock opened at $23.08 on Monday. The company has a 50 day moving average price of $26.01 and a two-hundred day moving average price of $26.88. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a one year low of $21.53 and a one year high of $30.92.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.35). Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The business had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same quarter last year, the business earned $0.32 EPS. Americold Realty Trust’s revenue for the quarter 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 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The business 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. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.88 annualized dividend and a dividend yield of 3.81%. Americold Realty Trust’s payout ratio is currently -87.13%.

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.