WINTON GROUP Ltd lessened its stake in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 23.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 166,649 shares of the company’s stock after selling 50,951 shares during the period. WINTON GROUP Ltd owned about 0.06% of Americold Realty Trust worth $2,143,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in Americold Realty Trust by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after buying an additional 806 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in Americold Realty Trust by 63.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after buying an additional 948 shares during the period. Avalon Trust Co purchased a new position in Americold Realty Trust during the third quarter valued at approximately $32,000. Farther Finance Advisors LLC increased its holdings in Americold Realty Trust by 51.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after buying an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Americold Realty Trust by 106.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock valued at $36,000 after buying an additional 1,432 shares during the period. Institutional investors own 98.14% of the company’s stock.
Americold Realty Trust Trading Up 0.1%
Shares of NYSE:COLD opened at $14.73 on Monday. The business’s 50-day moving average is $13.25 and its 200 day moving average is $12.64. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $18.08. The firm has a market capitalization of $4.20 billion, a P/E ratio of -37.77 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.
Americold Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is currently -235.90%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Wall Street Zen lowered shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday. Citigroup lifted their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Compass Point assumed coverage on shares of Americold Realty Trust in a report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price objective on the stock. Finally, Barclays lifted their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $14.93.
Get Our Latest Stock Analysis on Americold Realty Trust
About Americold Realty Trust
Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.
With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.
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