Reinhart Partners LLC. Has $9.73 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Reinhart Partners LLC. lifted its position in Americold Realty Trust, Inc. (NYSE:COLDFree Report) by 3.8% during the 4th quarter, Holdings Channel reports. The firm owned 454,645 shares of the company’s stock after buying an additional 16,544 shares during the quarter. Reinhart Partners LLC.’s holdings in Americold Realty Trust were worth $9,729,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. FMR LLC grew its holdings in Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company’s stock worth $374,901,000 after acquiring an additional 3,844,603 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in Americold Realty Trust by 2,542.7% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 1,712,317 shares of the company’s stock worth $43,733,000 after acquiring an additional 1,647,522 shares during the last quarter. Darlington Partners Capital Management LP grew its holdings in Americold Realty Trust by 15.1% during the 2nd quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company’s stock worth $230,321,000 after acquiring an additional 1,183,571 shares during the last quarter. AQR Capital Management LLC grew its holdings in Americold Realty Trust by 2,175.4% during the 2nd quarter. AQR Capital Management LLC now owns 1,087,628 shares of the company’s stock worth $27,071,000 after acquiring an additional 1,039,828 shares during the last quarter. Finally, Makena Capital Management LLC bought a new stake in Americold Realty Trust during the 2nd quarter worth about $8,406,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Down 0.1 %

COLD stock traded down $0.02 during mid-day trading on Monday, hitting $20.87. 752,950 shares of the company were exchanged, compared to its average volume of 1,553,866. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market cap of $5.93 billion, a P/E ratio of -20.66, a P/E/G ratio of 1.80 and a beta of 0.61. The firm’s 50 day simple moving average is $22.51 and its 200 day simple moving average is $26.05. Americold Realty Trust, Inc. has a 1-year low of $20.58 and a 1-year high of $30.45.

Americold Realty Trust (NYSE:COLDGet Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.35). The company had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the business posted $0.32 earnings per share. On average, sell-side analysts predict that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.88 annualized dividend and a yield of 4.22%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -87.13%.

Insiders Place Their Bets

In other news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value of $41,567.04. Following the sale, the senior vice president now directly owns 1,837 shares in the company, valued at $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Truist Financial reduced their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Barclays reduced their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Citigroup reduced their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th. Raymond James reduced their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. Finally, Scotiabank reduced their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, December 10th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Americold Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $29.17.

Read Our Latest Stock Analysis on Americold Realty Trust

Americold Realty Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Americold Realty Trust (NYSE:COLD)

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