Americold Realty Trust, Inc. (NYSE:COLD) Stock Holdings Lifted by Reinhart Partners LLC.

Reinhart Partners LLC. lifted its position in Americold Realty Trust, Inc. (NYSE:COLD) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 454,645 shares of the company’s stock after acquiring an additional 16,544 shares during the period. Reinhart Partners LLC. owned about 0.16% of Americold Realty Trust worth $9,729,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Americold Realty Trust by 9.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock worth $39,936,000 after purchasing an additional 123,776 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Americold Realty Trust by 4.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock worth $110,255,000 after purchasing an additional 165,667 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Americold Realty Trust by 14.4% during the third quarter. Franklin Resources Inc. now owns 245,110 shares of the company’s stock worth $6,564,000 after purchasing an additional 30,831 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Americold Realty Trust by 4.0% during the third quarter. JPMorgan Chase & Co. now owns 1,272,052 shares of the company’s stock worth $35,961,000 after purchasing an additional 48,525 shares during the period. Finally, Foresight Group Ltd Liability Partnership boosted its holdings in shares of Americold Realty Trust by 231.7% during the third quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company’s stock worth $2,079,000 after purchasing an additional 51,372 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the 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 transaction, the senior vice president now owns 1,837 shares in the company, valued at approximately $41,589.68. This represents a 49.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on COLD shares. Raymond James decreased their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, December 11th. Royal Bank of Canada decreased their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. Scotiabank reduced their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating for the company in a research note on Tuesday, December 10th. Robert W. Baird reduced their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 8th. Finally, Barclays reduced their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.17.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD traded down $0.02 during trading on Monday, reaching $20.87. The stock had a trading volume of 752,950 shares, compared to its average volume of 1,553,866. Americold Realty Trust, Inc. has a 52 week low of $20.58 and a 52 week high of $30.45. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of -20.66, a P/E/G ratio of 1.80 and a beta of 0.61. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a fifty day simple moving average of $22.51 and a two-hundred day simple moving average of $26.05.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $663.87 million. During the same period in the prior year, the business earned $0.32 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, analysts anticipate that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 4.22%. The ex-dividend date is Tuesday, December 31st. Americold Realty Trust’s payout ratio is currently -87.13%.

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.