47,813 Shares in Americold Realty Trust Inc. $COLD Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC purchased a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 47,813 shares of the company’s stock, valued at approximately $566,000.

A number of other hedge funds have also recently made changes to their positions in COLD. Anson Funds Management LP raised its stake in Americold Realty Trust by 26.3% during the 1st quarter. Anson Funds Management LP now owns 259,000 shares of the company’s stock valued at $2,968,000 after purchasing an additional 54,000 shares during the period. Amundi raised its position in shares of Americold Realty Trust by 12.7% during the first quarter. Amundi now owns 176,188 shares of the company’s stock valued at $2,019,000 after buying an additional 19,830 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Americold Realty Trust by 51.8% in the first quarter. EverSource Wealth Advisors LLC now owns 4,222 shares of the company’s stock worth $48,000 after buying an additional 1,441 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Americold Realty Trust by 21.7% in the first quarter. California State Teachers Retirement System now owns 329,038 shares of the company’s stock worth $3,771,000 after buying an additional 58,597 shares in the last quarter. Finally, Rush Island Management LP boosted its position in shares of Americold Realty Trust by 5.8% during the first quarter. Rush Island Management LP now owns 3,097,316 shares of the company’s stock worth $35,495,000 after acquiring an additional 168,657 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research note on Friday, May 8th. Citigroup boosted their target price on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Piper Sandler increased their price target on Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Barclays lifted their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Finally, Royal Bank Of Canada increased their target price on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Americold Realty Trust currently has an average rating of “Hold” and a consensus target price of $15.25.

Americold Realty Trust Trading Down 1.2%

COLD stock opened at $14.01 on Thursday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $16.88. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of -35.91 and a beta of 0.97. The firm’s fifty day simple moving average is $15.03 and its two-hundred day simple moving average is $13.53.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The firm had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter last year, the business earned $0.34 EPS. The business’s revenue was up .2% on a year-over-year basis. As a group, analysts anticipate that Americold Realty Trust Inc. will post 1.15 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is -235.90%.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.