Americold Realty Trust, Inc. (NYSE:COLD) Shares Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC grew its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,605 shares of the company’s stock after acquiring an additional 3,733 shares during the period. Hilton Capital Management LLC’s holdings in Americold Realty Trust were worth $1,789,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of COLD. Assetmark Inc. boosted its holdings in shares of Americold Realty Trust by 2,288.1% in the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after buying an additional 961 shares during the period. Venturi Wealth Management LLC grew its holdings in shares of Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock valued at $48,000 after purchasing an additional 2,033 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of Americold Realty Trust during the 3rd quarter worth approximately $55,000. Vestcor Inc bought a new stake in shares of Americold Realty Trust in the 4th quarter worth approximately $86,000. Finally, EverSource Wealth Advisors LLC boosted its position in Americold Realty Trust by 3,946.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company’s stock valued at $126,000 after purchasing an additional 5,723 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Scotiabank raised their target price on Americold Realty Trust from $27.00 to $28.00 and gave the company a “sector outperform” rating in a research note on Monday. Citigroup reduced their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Raymond James dropped their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. Barclays reduced their price objective on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Finally, Truist Financial lowered their target price on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $20.75 on Friday. The stock’s fifty day simple moving average is $21.74 and its 200 day simple moving average is $24.15. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of -61.02, a PEG ratio of 1.66 and a beta of 0.57. 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 52-week low of $20.41 and a 52-week high of $30.45.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $666.44 million for the quarter, compared to analysts’ expectations of $684.03 million. As a group, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.22 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 4.24%. Americold Realty Trust’s dividend payout ratio (DPR) is presently -258.82%.

Americold Realty Trust 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.