Schonfeld Strategic Advisors LLC Purchases 581,506 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Schonfeld Strategic Advisors LLC lifted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 353.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 745,899 shares of the company’s stock after purchasing an additional 581,506 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in Americold Realty Trust were worth $15,962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd boosted its holdings in Americold Realty Trust by 139.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company’s stock worth $1,322,000 after acquiring an additional 35,973 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Americold Realty Trust by 132.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company’s stock worth $63,151,000 after acquiring an additional 1,678,949 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Americold Realty Trust by 7.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 857,571 shares of the company’s stock worth $18,352,000 after acquiring an additional 57,248 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Americold Realty Trust by 2.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,226,026 shares of the company’s stock worth $26,237,000 after acquiring an additional 29,580 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Americold Realty Trust by 6.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company’s stock worth $88,932,000 after acquiring an additional 255,632 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Down 0.0 %

Americold Realty Trust stock opened at $20.11 on Wednesday. The stock has a market cap of $5.73 billion, a PE ratio of -59.15, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. Americold Realty Trust, Inc. has a one year low of $16.67 and a one year high of $30.45. The stock has a fifty day moving average of $20.89 and a 200 day moving average of $22.16.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.27. The company had revenue of $666.44 million during the quarter, compared to analysts’ expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. As a group, sell-side analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date was Friday, March 28th. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. Americold Realty Trust’s dividend payout ratio is -270.59%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Barclays raised Americold Realty Trust from an “equal weight” rating to an “overweight” rating and dropped their target price for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Scotiabank dropped their target price on Americold Realty Trust from $28.00 to $24.00 and set a “sector outperform” rating on the stock in a report on Thursday, April 10th. Finally, Citigroup lowered their price target on Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Americold Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $28.00.

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.