Presima Securities ULC Buys Shares of 126,970 Americold Realty Trust, Inc. (NYSE:COLD)

Presima Securities ULC purchased a new stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 126,970 shares of the company’s stock, valued at approximately $3,589,000. Americold Realty Trust comprises 0.8% of Presima Securities ULC’s portfolio, making the stock its 18th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Insight Partners LLC increased its holdings in Americold Realty Trust by 4.0% in the 3rd quarter. Capital Insight Partners LLC now owns 15,882 shares of the company’s stock valued at $449,000 after purchasing an additional 608 shares during the last quarter. CWM LLC boosted its position in shares of Americold Realty Trust by 105.2% during the third quarter. CWM LLC now owns 41,859 shares of the company’s stock worth $1,183,000 after buying an additional 21,457 shares during the period. GAMMA Investing LLC grew its stake in shares of Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after buying an additional 735 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Americold Realty Trust by 1.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 73,900 shares of the company’s stock valued at $2,089,000 after buying an additional 700 shares during the period. Finally, SG Americas Securities LLC lifted its stake in Americold Realty Trust by 305.8% during the 3rd quarter. SG Americas Securities LLC now owns 35,941 shares of the company’s stock worth $1,016,000 after acquiring an additional 27,085 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $27.03 on Thursday. The firm has a market capitalization of $7.68 billion, a PE ratio of -23.10, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.16 and a quick ratio of 0.16. The business’s fifty day moving average price is $28.47 and its 200 day moving average price is $26.60. Americold Realty Trust, Inc. has a 12 month low of $21.87 and a 12 month high of $30.92.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.54). The business had revenue of $660.96 million for the quarter, compared to analyst estimates of $653.74 million. Americold Realty Trust had a negative return on equity of 7.74% and a negative net margin of 10.60%. Americold Realty Trust’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the business posted $0.28 EPS. On average, sell-side analysts anticipate that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given 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 3.26%. Americold Realty Trust’s dividend payout ratio is presently -75.21%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on COLD shares. Wells Fargo & Company lifted their target price 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. JPMorgan Chase & Co. raised shares of Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 target price on the stock in a research note on Wednesday, June 26th. Evercore ISI increased their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Barclays dropped their price target on shares of Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 14th. Finally, Robert W. Baird increased their price objective on Americold Realty Trust from $29.00 to $31.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Americold Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $30.91.

About Americold Realty Trust

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.