Natixis Advisors LLC Acquires 3,456 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Natixis Advisors LLC boosted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 7.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,053 shares of the company’s stock after purchasing an additional 3,456 shares during the period. Natixis Advisors LLC’s holdings in Americold Realty Trust were worth $1,500,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of COLD. Assetmark Inc. grew its holdings in shares of Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after purchasing an additional 961 shares during the last quarter. GAMMA Investing LLC increased its position in Americold Realty Trust by 189.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after acquiring an additional 735 shares in the last quarter. Blue Trust Inc. increased its position in Americold Realty Trust by 2,727.4% in the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock valued at $75,000 after acquiring an additional 2,891 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Americold Realty Trust in the second quarter worth about $85,000. Finally, Signaturefd LLC lifted its position in shares of Americold Realty Trust by 22.7% during the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after purchasing an additional 740 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

Shares of COLD opened at $24.00 on Tuesday. The stock has a market cap of $6.82 billion, a P/E ratio of -23.76, a price-to-earnings-growth ratio of 1.81 and a beta of 0.61. Americold Realty Trust, Inc. has a 1 year low of $21.53 and a 1 year high of $30.92. The stock’s 50-day moving average price is $26.01 and its two-hundred day moving average price is $26.88. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.35). The firm had revenue of $674.17 million for the quarter, compared to the consensus estimate 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 firm’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.32 EPS. On average, equities analysts predict that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -87.13%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on COLD shares. Scotiabank raised their price target on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. Wells Fargo & Company boosted their target price on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th. Truist Financial raised their price target on Americold Realty Trust from $31.00 to $33.00 and gave the company a “buy” rating in a report on Friday, August 16th. Robert W. Baird dropped their price objective on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Finally, Barclays cut 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 report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.55.

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.