Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 3.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,974,910 shares of the company’s stock after selling 157,984 shares during the period. Dimensional Fund Advisors LP’s holdings in Americold Realty Trust were worth $101,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. boosted its holdings in Americold Realty Trust by 3.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,159 shares of the company’s stock worth $1,971,000 after buying an additional 2,733 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Americold Realty Trust by 0.5% during the second quarter. William Blair Investment Management LLC now owns 1,432,799 shares of the company’s stock worth $36,594,000 after purchasing an additional 6,434 shares in the last quarter. American Century Companies Inc. increased its position in shares of Americold Realty Trust by 30.1% during the second quarter. American Century Companies Inc. now owns 425,533 shares of the company’s stock worth $10,868,000 after purchasing an additional 98,326 shares in the last quarter. Headlands Technologies LLC acquired a new position in Americold Realty Trust in the 2nd quarter valued at $479,000. Finally, Quest Partners LLC lifted its holdings in Americold Realty Trust by 229.1% in the 2nd quarter. Quest Partners LLC now owns 79,330 shares of the company’s stock valued at $2,026,000 after purchasing an additional 55,226 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COLD shares. Wells Fargo & Company upped their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Barclays cut their price objective on shares of Americold Realty Trust from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Wednesday, August 14th. Evercore ISI lifted their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Truist Financial upped their target price on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a report on Friday, August 16th. Finally, JPMorgan Chase & Co. upgraded Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a report on Wednesday, June 26th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.91.

Americold Realty Trust Stock Performance

NYSE COLD opened at $29.22 on Wednesday. The stock has a fifty day simple moving average of $29.01 and a 200-day simple moving average of $26.35. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.21. The stock has a market cap of $8.30 billion, a PE ratio of -24.97, a P/E/G ratio of 1.99 and a beta of 0.60. Americold Realty Trust, Inc. has a twelve month low of $21.87 and a twelve month high of $31.88.

Americold Realty Trust (NYSE:COLD) last announced 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 company had revenue of $660.96 million for the quarter, compared to analysts’ expectations of $653.74 million. Americold Realty Trust had a negative return on equity of 7.74% and a negative net margin of 10.60%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the business earned $0.28 EPS. Equities analysts anticipate that Americold Realty Trust, Inc. will post 1.35 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Monday, September 30th. Americold Realty Trust’s payout ratio is -75.21%.

Americold Realty Trust Profile

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.