20,260 Shares in Americold Realty Trust Inc. $COLD Purchased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. purchased a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,260 shares of the company’s stock, valued at approximately $337,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vert Asset Management LLC raised its stake in shares of Americold Realty Trust by 1.0% during the 2nd quarter. Vert Asset Management LLC now owns 124,482 shares of the company’s stock worth $2,070,000 after buying an additional 1,247 shares during the period. Janney Montgomery Scott LLC increased its holdings in Americold Realty Trust by 1.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 33,568 shares of the company’s stock worth $558,000 after acquiring an additional 634 shares in the last quarter. GC Wealth Management RIA LLC raised its position in Americold Realty Trust by 5.9% during the second quarter. GC Wealth Management RIA LLC now owns 12,095 shares of the company’s stock worth $201,000 after acquiring an additional 679 shares during the period. State of Alaska Department of Revenue lifted its holdings in Americold Realty Trust by 0.6% during the second quarter. State of Alaska Department of Revenue now owns 139,652 shares of the company’s stock valued at $2,321,000 after purchasing an additional 824 shares in the last quarter. Finally, A. D. Beadell Investment Counsel Inc. acquired a new stake in shares of Americold Realty Trust in the second quarter valued at about $325,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

COLD stock opened at $12.98 on Friday. Americold Realty Trust Inc. has a 1 year low of $11.90 and a 1 year high of $27.68. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a market capitalization of $3.70 billion, a PE ratio of -68.32, a price-to-earnings-growth ratio of 3.93 and a beta of 0.81. The business has a 50 day simple moving average of $14.16 and a 200-day simple moving average of $16.78.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. The firm had revenue of $650.75 million for the quarter, compared to the consensus estimate of $644.95 million. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.The firm’s revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 earnings per share. Equities research analysts anticipate that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -484.21%.

Analyst Ratings Changes

Several research analysts recently weighed in on COLD shares. Weiss Ratings restated a “sell (d+)” rating on shares of Americold Realty Trust in a research report on Saturday, September 27th. BNP Paribas Exane cut Americold Realty Trust from an “outperform” rating to a “neutral” rating and set a $18.00 target price for the company. in a report on Thursday, June 12th. Truist Financial decreased their target price on Americold Realty Trust from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, September 25th. Zacks Research cut Americold Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Finally, Royal Bank Of Canada reduced their price objective on Americold Realty Trust from $19.00 to $17.00 and set an “outperform” rating for the company in a research note on Tuesday. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Americold Realty Trust has a consensus rating of “Hold” and an average price target of $18.67.

Americold Realty Trust 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.