Vanderbilt University Reduces Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Vanderbilt University lessened its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 35.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,926 shares of the company’s stock after selling 21,663 shares during the period. Vanderbilt University’s holdings in Americold Realty Trust were worth $854,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Creative Planning purchased a new stake in Americold Realty Trust in the 2nd quarter valued at approximately $462,000. Sanctuary Advisors LLC acquired a new position in shares of Americold Realty Trust in the second quarter worth $720,000. SG Americas Securities LLC lifted its position in shares of Americold Realty Trust by 305.8% in the third quarter. SG Americas Securities LLC now owns 35,941 shares of the company’s stock valued at $1,016,000 after acquiring an additional 27,085 shares in the last quarter. Handelsbanken Fonder AB boosted its stake in shares of Americold Realty Trust by 1.0% during the third quarter. Handelsbanken Fonder AB now owns 73,900 shares of the company’s stock valued at $2,089,000 after acquiring an additional 700 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after purchasing an additional 735 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction 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 completion of the sale, the senior vice president now owns 1,837 shares in the company, valued at approximately $41,589.68. The trade was a 49.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.17% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on COLD shares. 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 report on Monday, November 18th. Truist Financial reduced their price objective 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. Scotiabank cut their price target on Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a report on Tuesday, December 10th. Royal Bank of Canada reduced their price target on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Finally, Raymond James lowered their price objective on Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.17.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD opened at $21.72 on Thursday. The business’s 50-day simple moving average is $21.92 and its 200 day simple moving average is $25.41. The company has a market cap of $6.17 billion, a P/E ratio of -21.50, a PEG ratio of 1.63 and a beta of 0.61. 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 $20.41 and a one year high of $30.45.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.35). Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The firm had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same period last year, the business earned $0.32 EPS. The firm’s revenue was up .9% compared to the same quarter last year. On average, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.37 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s payout ratio is -87.13%.

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.