Brasada Capital Management LP grew its position in shares of AmeriCold Realty Trust (NYSE:COLD) by 4.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 154,352 shares of the company’s stock after purchasing an additional 6,135 shares during the period. AmeriCold Realty Trust makes up about 1.5% of Brasada Capital Management LP’s investment portfolio, making the stock its 17th largest position. Brasada Capital Management LP owned approximately 0.08% of AmeriCold Realty Trust worth $5,722,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of COLD. First Trust Advisors LP grew its position in shares of AmeriCold Realty Trust by 672.3% during the first quarter. First Trust Advisors LP now owns 152,274 shares of the company’s stock worth $4,646,000 after buying an additional 132,558 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its position in shares of AmeriCold Realty Trust by 221.5% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 328,694 shares of the company’s stock worth $10,028,000 after buying an additional 226,443 shares in the last quarter. South Texas Money Management Ltd. acquired a new stake in shares of AmeriCold Realty Trust during the second quarter worth approximately $11,218,000. Eii Capital Management Inc. grew its position in shares of AmeriCold Realty Trust by 30.1% during the second quarter. Eii Capital Management Inc. now owns 22,597 shares of the company’s stock worth $733,000 after buying an additional 5,232 shares in the last quarter. Finally, WINTON GROUP Ltd grew its position in shares of AmeriCold Realty Trust by 21.8% during the second quarter. WINTON GROUP Ltd now owns 40,308 shares of the company’s stock worth $1,307,000 after buying an additional 7,213 shares in the last quarter.
In other news, Director Kelly Hefner Barrett purchased 6,000 shares of AmeriCold Realty Trust stock in a transaction dated Wednesday, August 14th. The stock was bought at an average price of $34.96 per share, with a total value of $209,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.42% of the company’s stock.
A number of analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of AmeriCold Realty Trust from $35.00 to $38.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. TheStreet raised shares of AmeriCold Realty Trust from a “d” rating to a “c” rating in a report on Friday, August 9th. Bank of America reaffirmed a “buy” rating and issued a $37.00 price objective on shares of AmeriCold Realty Trust in a report on Thursday, August 15th. ValuEngine downgraded shares of AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of AmeriCold Realty Trust from $34.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. AmeriCold Realty Trust currently has a consensus rating of “Buy” and an average target price of $37.19.
AmeriCold Realty Trust stock opened at $35.35 on Friday. The company has a market cap of $6.90 billion, a PE ratio of 29.96, a P/E/G ratio of 3.12 and a beta of 0.67. The company has a fifty day moving average price of $37.82 and a two-hundred day moving average price of $34.64. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.27 and a quick ratio of 0.27. AmeriCold Realty Trust has a 12 month low of $24.27 and a 12 month high of $40.42.
AmeriCold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.23). AmeriCold Realty Trust had a net margin of 1.67% and a return on equity of 2.77%. The firm had revenue of $438.46 million for the quarter, compared to analyst estimates of $419.30 million. During the same period last year, the firm posted $0.29 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. Equities research analysts anticipate that AmeriCold Realty Trust will post 1.23 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend was Friday, September 27th. AmeriCold Realty Trust’s dividend payout ratio (DPR) is 67.80%.
AmeriCold Realty Trust Company Profile
Americold is the world's largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 155 temperature-controlled warehouses, with approximately 918.7 million refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.
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