Headlands Technologies LLC Grows Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Headlands Technologies LLC lifted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 2,681.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,311 shares of the company’s stock after acquiring an additional 4,156 shares during the period. Headlands Technologies LLC’s holdings in Americold Realty Trust were worth $92,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Captrust Financial Advisors grew its position in Americold Realty Trust by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 18,545 shares of the company’s stock worth $524,000 after purchasing an additional 3,969 shares during the last quarter. Hilltop Holdings Inc. purchased a new stake in shares of Americold Realty Trust during the third quarter valued at $218,000. HighTower Advisors LLC increased its position in shares of Americold Realty Trust by 102.5% in the 3rd quarter. HighTower Advisors LLC now owns 19,469 shares of the company’s stock valued at $549,000 after acquiring an additional 9,853 shares during the period. Point72 DIFC Ltd raised its stake in Americold Realty Trust by 405.7% in the 3rd quarter. Point72 DIFC Ltd now owns 7,226 shares of the company’s stock worth $204,000 after acquiring an additional 5,797 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in Americold Realty Trust during the 3rd quarter worth about $644,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Scotiabank raised their price objective on Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a research note on Monday, March 10th. Raymond James cut their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Wednesday, December 11th. Finally, Citigroup decreased their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Friday, March 21st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.82.

Americold Realty Trust Stock Performance

COLD opened at $19.37 on Monday. The firm has a fifty day moving average price of $21.75 and a 200 day moving average price of $23.21. Americold Realty Trust, Inc. has a 1 year low of $18.65 and a 1 year high of $30.45. The stock has a market cap of $5.51 billion, a P/E ratio of -56.95, a P/E/G ratio of 1.66 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a $0.23 dividend. This is a positive change from Americold Realty Trust’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 4.75%. The ex-dividend date is Friday, March 28th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -270.59%.

Americold Realty Trust Company 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.