Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. cut its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,000,748 shares of the company’s stock after selling 119,016 shares during the period. Daiwa Securities Group Inc. owned approximately 1.76% of Americold Realty Trust worth $107,016,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. FMR LLC increased its holdings in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company’s stock worth $374,901,000 after buying an additional 3,844,603 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in Americold Realty Trust by 78.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company’s stock worth $53,975,000 after buying an additional 1,109,528 shares during the period. NFJ Investment Group LLC acquired a new stake in Americold Realty Trust in the 3rd quarter valued at $7,320,000. Charles Schwab Investment Management Inc. raised its position in Americold Realty Trust by 6.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company’s stock valued at $88,932,000 after purchasing an additional 255,632 shares during the period. Finally, Algert Global LLC raised its position in Americold Realty Trust by 24.0% in the third quarter. Algert Global LLC now owns 494,246 shares of the company’s stock valued at $13,972,000 after purchasing an additional 95,630 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $22.67 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of -66.66, a PEG ratio of 1.66 and a beta of 0.57. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. The company’s 50-day simple moving average is $21.74 and its 200-day simple moving average is $24.31.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, February 20th. The company reported $0.37 EPS 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 company had revenue of $666.44 million for the quarter, compared to the consensus estimate of $684.03 million. Equities analysts anticipate 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. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.88 annualized dividend and a yield of 3.88%. Americold Realty Trust’s payout ratio is -258.82%.

Wall Street Analysts Forecast Growth

COLD has been the subject of a number of recent research reports. Truist Financial lowered their target price on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Raymond James lowered their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. Scotiabank reduced their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, December 10th. Citigroup lowered their price target on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Finally, Barclays cut their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.17.

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.