Fort Washington Investment Advisors Inc. OH Sells 167,122 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 19.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 670,627 shares of the company’s stock after selling 167,122 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.24% of Americold Realty Trust worth $14,351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. grew its position in Americold Realty Trust by 9.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock valued at $39,936,000 after acquiring an additional 123,776 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Americold Realty Trust by 4.4% in 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 last quarter. Franklin Resources Inc. increased its stake in Americold Realty Trust by 14.4% in the 3rd quarter. Franklin Resources Inc. now owns 245,110 shares of the company’s stock worth $6,564,000 after buying an additional 30,831 shares during the period. JPMorgan Chase & Co. lifted its holdings in Americold Realty Trust by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,272,052 shares of the company’s stock valued at $35,961,000 after buying an additional 48,525 shares in the last quarter. Finally, Foresight Group Ltd Liability Partnership boosted its position in Americold Realty Trust by 231.7% in the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company’s stock valued at $2,079,000 after buying an additional 51,372 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COLD has been the subject of several research analyst reports. 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 research note on Wednesday, December 11th. Royal Bank of Canada decreased their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th. Barclays dropped their price target on 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. Scotiabank decreased their price objective 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. Finally, Citigroup dropped their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.17.

Americold Realty Trust Price Performance

Shares of COLD opened at $21.53 on Thursday. The company has a 50 day moving average of $22.11 and a two-hundred day moving average of $25.80. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a twelve month low of $20.41 and a twelve month high of $30.45. The company has a market cap of $6.12 billion, a price-to-earnings ratio of -21.31, a price-to-earnings-growth ratio of 1.60 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.35). The business had revenue of $674.17 million during the quarter, compared to analyst estimates 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 for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.32 EPS. As a group, analysts predict that Americold Realty Trust, Inc. will post 1.37 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio is presently -87.13%.

Insider Buying and Selling at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $22.64, for a total value of $41,567.04. Following the transaction, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at approximately $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.17% of the stock is currently owned by company insiders.

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.