Americold Realty Trust Inc. $COLD Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 499.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 827,999 shares of the company’s stock after purchasing an additional 689,796 shares during the quarter. Knights of Columbus Asset Advisors LLC owned about 0.29% of Americold Realty Trust worth $11,575,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in 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 during the last quarter. Rehmann Capital Advisory Group increased its position in Americold Realty Trust by 13.2% during the second quarter. Rehmann Capital Advisory Group now owns 12,768 shares of the company’s stock valued at $201,000 after acquiring an additional 1,492 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Americold Realty Trust by 8.4% in the first quarter. PNC Financial Services Group Inc. now owns 19,719 shares of the company’s stock valued at $226,000 after acquiring an additional 1,529 shares during the period. GAMMA Investing LLC raised its stake in shares of Americold Realty Trust by 79.6% in the second quarter. GAMMA Investing LLC now owns 3,834 shares of the company’s stock valued at $60,000 after acquiring an additional 1,699 shares during the period. Finally, Legacy Wealth Asset Management LLC raised its stake in shares of Americold Realty Trust by 6.8% in the second quarter. Legacy Wealth Asset Management LLC now owns 35,918 shares of the company’s stock valued at $565,000 after acquiring an additional 2,285 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 0.1%

NYSE COLD opened at $16.08 on Wednesday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.59 billion, a PE ratio of 19.37 and a beta of 0.93. The company has a 50 day moving average price of $14.42 and a 200 day moving average price of $13.88. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.37. The business had revenue of $691.56 million for the quarter, compared to analyst estimates of $640.82 million. Americold Realty Trust had a return on equity of 8.44% and a net margin of 9.03%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.35 earnings per share. As a group, sell-side analysts forecast that Americold Realty Trust Inc. will post 1.22 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.92 dividend on an annualized basis and a yield of 5.7%. Americold Realty Trust’s dividend payout ratio is presently 110.84%.

Analysts Set New Price Targets

COLD has been the topic of several research analyst reports. JPMorgan Chase & Co. raised Americold Realty Trust from an “underweight” rating to a “neutral” rating and set a $16.00 price objective on the stock in a research report on Thursday, September 24th. UBS Group decreased their target price on Americold Realty Trust from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Tuesday, October 20th. Royal Bank Of Canada reissued a “sector perform” rating and set a $16.00 target price on shares of Americold Realty Trust in a research note on Monday, August 17th. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a report on Wednesday, November 4th. Finally, Evercore reaffirmed an “outperform” rating and issued a $19.00 price target on shares of Americold Realty Trust in a research note on Friday, August 7th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Americold Realty Trust presently has an average rating of “Hold” and a consensus target price of $15.46.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust that owns and operates temperature-controlled warehouses and provides logistics services for the food supply chain. Its facilities help customers store and move perishable products, including food produced by manufacturers and processors and products distributed to retailers and food-service businesses. The company offers refrigerated and frozen storage, handling, transportation and other supply chain services. It also manages temperature-controlled facilities for third parties, combining warehouse space with operational support for customers’ distribution needs.