Americold Realty Trust Inc. $COLD Shares Acquired by Aberdeen Group plc

Aberdeen Group plc boosted its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 13.0% in the second quarter, HoldingsChannel.com reports. The firm owned 86,276 shares of the company’s stock after acquiring an additional 9,913 shares during the period. Aberdeen Group plc’s holdings in Americold Realty Trust were worth $1,435,000 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. Principal Financial Group Inc. lifted its position in shares of Americold Realty Trust by 7.8% in the 1st quarter. Principal Financial Group Inc. now owns 16,177,420 shares of the company’s stock worth $347,167,000 after buying an additional 1,169,063 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Americold Realty Trust by 1.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,229,542 shares of the company’s stock worth $90,766,000 after acquiring an additional 73,856 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Americold Realty Trust by 649.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,158,779 shares of the company’s stock worth $89,247,000 after acquiring an additional 3,603,716 shares during the period. American Century Companies Inc. lifted its holdings in Americold Realty Trust by 28.0% in the first quarter. American Century Companies Inc. now owns 3,917,087 shares of the company’s stock worth $84,061,000 after acquiring an additional 855,883 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Americold Realty Trust by 14.7% in the first quarter. Northern Trust Corp now owns 3,010,483 shares of the company’s stock valued at $64,605,000 after acquiring an additional 385,811 shares during the period. Institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on COLD shares. Royal Bank Of Canada dropped their price target on Americold Realty Trust from $19.00 to $17.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 30th. Zacks Research cut Americold Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Wall Street Zen cut shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Robert W. Baird dropped their price target on Americold Realty Trust from $23.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, August 13th. Finally, KeyCorp reduced their target price on Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Americold Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $18.31.

Americold Realty Trust Stock Down 0.1%

COLD opened at $13.66 on Friday. Americold Realty Trust Inc. has a 1-year low of $11.90 and a 1-year high of $26.90. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of -71.89, a P/E/G ratio of 4.36 and a beta of 0.81. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average of $13.69 and a 200-day moving average of $16.21.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The firm had revenue of $650.75 million during the quarter, compared to analyst estimates of $644.95 million. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. As a group, sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.7%. Americold Realty Trust’s dividend payout ratio (DPR) is -484.21%.

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.