XTX Topco Ltd Invests $771,000 in Americold Realty Trust Inc. (NYSE:COLD)

XTX Topco Ltd bought a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) in the first quarter, Holdings Channel.com reports. The fund bought 35,914 shares of the company’s stock, valued at approximately $771,000.

A number of other large investors have also modified their holdings of COLD. Parallel Advisors LLC grew its holdings in shares of Americold Realty Trust by 68.1% during the first quarter. Parallel Advisors LLC now owns 2,091 shares of the company’s stock worth $45,000 after buying an additional 847 shares in the last quarter. Assetmark Inc. lifted its stake in Americold Realty Trust by 64.2% in the 1st quarter. Assetmark Inc. now owns 2,113 shares of the company’s stock worth $45,000 after purchasing an additional 826 shares in the last quarter. Spire Wealth Management purchased a new position in Americold Realty Trust in the 1st quarter worth approximately $52,000. Blue Trust Inc. lifted its stake in Americold Realty Trust by 3,390.0% in the 1st quarter. Blue Trust Inc. now owns 2,792 shares of the company’s stock worth $60,000 after purchasing an additional 2,712 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in Americold Realty Trust in the 4th quarter worth approximately $86,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Up 0.2%

Americold Realty Trust stock opened at $15.74 on Tuesday. Americold Realty Trust Inc. has a fifty-two week low of $15.45 and a fifty-two week high of $29.87. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.13 and a current ratio of 0.13. The firm has a 50 day moving average price of $16.67 and a 200 day moving average price of $19.16. The company has a market capitalization of $4.48 billion, a PE ratio of -36.61, a price-to-earnings-growth ratio of 2.38 and a beta of 0.81.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, May 8th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. The company had revenue of $628.98 million during the quarter, compared to analyst estimates of $667.18 million. During the same quarter last year, the business posted $0.37 EPS. The firm’s revenue for the quarter was down 5.4% on a year-over-year basis. Research analysts expect that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -213.95%.

Insider Activity at Americold Realty Trust

In related news, CEO George F. Jr. Chappelle bought 110,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $17.99 per share, for a total transaction of $1,978,900.00. Following the acquisition, the chief executive officer owned 110,000 shares of the company’s stock, valued at approximately $1,978,900. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Jay Wells purchased 10,000 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was acquired at an average cost of $17.91 per share, with a total value of $179,100.00. Following the transaction, the chief financial officer directly owned 10,000 shares in the company, valued at $179,100. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

COLD has been the topic of a number of research reports. Wells Fargo & Company decreased their target price on shares of Americold Realty Trust from $23.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Monday, May 19th. BNP Paribas Exane lowered shares of Americold Realty Trust from an “outperform” rating to a “neutral” rating and set a $18.00 target price on the stock. in a research note on Thursday, June 12th. Barclays cut their price target on shares of Americold Realty Trust from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Monday, July 21st. Robert W. Baird cut their price target on shares of Americold Realty Trust from $27.00 to $23.00 and set an “outperform” rating for the company in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. downgraded shares of Americold Realty Trust from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $24.00 to $21.00 in a report on Monday, June 23rd. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $23.92.

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.