Tudor Investment Corp ET AL bought a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 209,764 shares of the company’s stock, valued at approximately $2,568,000. Tudor Investment Corp ET AL owned 0.07% of Americold Realty Trust as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Swiss Life Asset Management Ltd purchased a new position in Americold Realty Trust during the third quarter valued at approximately $156,000. CIBC Bancorp USA Inc. purchased a new stake in Americold Realty Trust during the third quarter worth $916,000. Wilmington Savings Fund Society FSB purchased a new stake in Americold Realty Trust during the third quarter worth $61,000. Caitong International Asset Management Co. Ltd boosted its position in Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after acquiring an additional 948 shares in the last quarter. Finally, Abel Hall LLC bought a new stake in Americold Realty Trust during the 3rd quarter valued at $204,000. Institutional investors own 98.14% of the company’s stock.
Americold Realty Trust Trading Down 2.0%
NYSE COLD opened at $10.95 on Friday. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $21.94. The company has a fifty day simple moving average of $12.44 and a two-hundred day simple moving average of $12.47. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.12 billion, a P/E ratio of -27.36, a P/E/G ratio of 3.90 and a beta of 0.89.
Americold Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Tuesday, March 31st. Americold Realty Trust’s dividend payout ratio (DPR) is presently -230.00%.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on COLD shares. Citigroup boosted their price target on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Scotiabank raised Americold Realty Trust to a “hold” rating in a research report on Wednesday, March 11th. Robert W. Baird reiterated a “neutral” rating and issued a $13.00 target price (down from $16.00) on shares of Americold Realty Trust in a research note on Thursday, December 18th. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 2nd. Finally, Barclays decreased their price target on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $14.39.
Get Our Latest Research Report on COLD
Americold Realty Trust Company Profile
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.
Further Reading
Want to see what other hedge funds are holding COLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Americold Realty Trust Inc. (NYSE:COLD – Free Report).
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
