52,100 Shares in Americold Realty Trust Inc. $COLD Purchased by Versor Investments LP

Versor Investments LP bought a new position in Americold Realty Trust Inc. (NYSE:COLD) during the third quarter, Holdings Channel reports. The institutional investor bought 52,100 shares of the company’s stock, valued at approximately $638,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. AlphaQuest LLC raised its position in shares of Americold Realty Trust by 7.3% during the 2nd quarter. AlphaQuest LLC now owns 9,334 shares of the company’s stock worth $155,000 after purchasing an additional 633 shares during the period. Janney Montgomery Scott LLC grew its stake in Americold Realty Trust by 1.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 33,568 shares of the company’s stock worth $558,000 after buying an additional 634 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares during the period. LRI Investments LLC increased its position in Americold Realty Trust by 90.4% in the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock worth $26,000 after buying an additional 1,026 shares during the period. Finally, Arizona State Retirement System lifted its stake in Americold Realty Trust by 1.4% in the third quarter. Arizona State Retirement System now owns 80,041 shares of the company’s stock valued at $980,000 after buying an additional 1,103 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Stock Down 2.4%

COLD opened at $12.57 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.11 and a current ratio of 0.11. The business has a 50 day moving average price of $12.68 and a 200 day moving average price of $13.06. The firm has a market cap of $3.58 billion, a P/E ratio of -57.12, a price-to-earnings-growth ratio of 4.57 and a beta of 0.91. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $23.52.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.92 dividend on an annualized basis and a yield of 7.3%. Americold Realty Trust’s dividend payout ratio (DPR) is -418.18%.

Analyst Ratings Changes

Several equities analysts have recently commented on COLD shares. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a research report on Thursday, February 5th. JPMorgan Chase & Co. decreased their target price on shares of Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating for the company in a research report on Friday, November 14th. Zacks Research raised Americold Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Wells Fargo & Company reduced their price objective on Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Finally, Barclays lowered their target price on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.85.

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.