Cambiar Investors LLC Reduces Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Cambiar Investors LLC lessened its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 376,991 shares of the company’s stock after selling 83,825 shares during the quarter. Cambiar Investors LLC owned about 0.13% of Americold Realty Trust worth $8,068,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. boosted its holdings in shares of Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after buying an additional 961 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after buying an additional 735 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Americold Realty Trust in the third quarter worth approximately $55,000. Blue Trust Inc. boosted its holdings in shares of Americold Realty Trust by 29.5% in the third quarter. Blue Trust Inc. now owns 3,880 shares of the company’s stock worth $110,000 after buying an additional 883 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in shares of Americold Realty Trust in the third quarter worth approximately $128,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

COLD stock opened at $21.56 on Tuesday. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. The company’s fifty day moving average price is $21.80 and its 200-day moving average price is $25.23. 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 company has a market capitalization of $6.13 billion, a PE ratio of -21.35, a price-to-earnings-growth ratio of 1.64 and a beta of 0.61.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 4.08%. The ex-dividend date was Tuesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is presently -87.13%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Truist Financial dropped their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, December 5th. Citigroup decreased their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th. Scotiabank lowered their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a report on Tuesday, December 10th. Robert W. Baird lowered their price target on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Finally, Barclays lowered their price target 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 equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.17.

Insider Transactions at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the sale, the senior vice president now owns 1,837 shares of the company’s stock, valued at $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.17% of the company’s stock.

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.