According to the most recent SEC filing, Great West Life Assurance Co. increased its holdings in Americold Realty Trust, Inc. (NYSE: COLD). This took place during the third quarter. The institutional investor purchased 234,331 shares of the company’s stock at approximately $5,757,000, bringing the total amount spent by the investor to approximately $5,757,000. Great West Life Assurance Company is permitted to hold 0.09% of the company, as stated in the most recent filing that Americold Realty Trust made with the SEC.
Recently, regarding COLD, alterations have been made to the holdings of various other investors, including hedge funds, institutional investors, and individual investors. Raymond James Financial Services Advisors Inc. increased the amount of Americold Realty Trust owned by 12.6% during the first three months of 2018. After acquiring an additional 1,370 shares throughout the quarter, Raymond James Financial Services Advisors Inc. now holds 12,214 shares in its portfolio. The total value of the company’s stock holdings currently amounts to 341,000 dollars. During the first three months of 2018, the Bank of Montreal increased the proportion of shares in Americold Realty Trust that it owned by 4.0 percentage points. Since the beginning of the most recent quarter, Bank of Montreal Can have made additional purchases amounting to 2,715 shares of the company. As a result, the total number of shares it currently possesses in the company has increased to 70,576. The price at which these shares are currently trading on the market is $1,970,000. During the first three months of 2018, MetLife Investment Management LLC made a financial contribution to Americold Realty Trust for $149,000 through an investment. During the first three months of 2018, Dimensional Fund Advisors LP increased its holdings by purchasing an additional 29.3 percent of shares of Americold Realty Trust. After purchasing an additional 619,710 shares during the most recent quarter, Dimensional Fund Advisors LP now owns a total of 2,735,991 shares of the company. The value of these shares places the company’s stock at $76,279,000. These shares were purchased for a sum of $76,279,00 in total.
In conclusion, during the first three months of the year, Sei Investments Co. increased the number of Americold Realty Trust shares it owned, bringing its total ownership percentage to 88.2%. Sei Investments Co. now has 804,616 shares, currently valued at $22,416,000, after purchasing an additional 64,812 shares during the most recent quarter. Most of the company’s stock (98.98%) is owned by institutional investors.
The compilation of available materials in stock includes reports from several research analysts who have each contributed their report. Exane BNP Paribas announced its intention to cover shares of Americold Realty Trust in a research note released on December 14. They recommended that investors “outperform” the stock. The recommendation that clients of Trust Financial receive regarding Americold Realty Trust’s stock is now “hold,” with a price objective of $34.00. Previously, the recommendation was “buy,” but it has since been changed. On January 17, the results of a study were made available to the general public. Bank of America upgraded their rating on shares of Americold Realty Trust from “neutral” to “buy” in a research report released on Monday, November 14. In addition, they raised their price target on the stock from $27.50 to $33.50. In addition, they increased the stock’s price objective to $33.50. BNP Paribas published a research note on Wednesday, December 14, announcing that it would begin covering shares of Americold Realty Trust. The announcement was made public. The market researchers have given the business an “outperform” rating and have established a price target of $38.00 for the company’s common stock. In a research note distributed on Wednesday, October 19, the Royal Bank of Canada lowered their price objective for Americold Realty Trust shares from $34.00 to $28.00 and assigned the stock the rating of “sector perform.”
Additionally, the note stated that the bank believes the sector will continue to perform well. One research analyst suggested purchasing additional shares, three suggested maintaining the current holdings, four suggested maintaining the current holdings, and four suggested purchasing additional shares. The stock is currently rated as a “hold,” and industry experts anticipate it will reach an average price of $32.19 per share within the next three months, as indicated by information from Bloomberg.com.
On November 10, Executive Vice President James C. Snyder, Jr., made a transaction in which he sold 3,400 shares of company stock. This is just one of the latest developments regarding this matter. The average price buyers paid for each share during the sale was $29.86, bringing the total value of the transaction to $101,524. The company’s executive vice president now has direct ownership of 36,812 shares of the company’s stock, which together have a value of $1,099,206.32 as a direct result of the transaction. The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC. A total of 0.18% of the company’s shares are held by those working within the company.
This past Friday, trading on the NYSE COLD began for $30.60 per share. The company has a market value of $8.24 billion, a price-to-earnings ratio of -278.18, a price-to-earnings-to-growth ratio of 3.46, and a beta of 0.46. In addition, the firm’s price-to-earnings-to-growth ratio is 3.46. The moving average for the stock over the past 50 days is currently sitting at $29.20, and the moving average for the past 200 days is currently at $28.69. During the previous twelve months, Americold Realty Trust, Inc. traded as low as $21.49 and as high as $32.99. There is a debt-to-equity ratio that is equal to 0.14, a current ratio that is equal to 0.19, and a quick ratio that is also equal to 0.19.
In addition, the business had recently announced a quarterly dividend, which was paid out on the 13th of this particular month. On Friday, December 30, a dividend payment to shareholders of record of $0.22 per share was distributed to each shareholder. As a direct result, the dividend yield is calculated to be 2.88%, and the annual payout amounts to $0.88. The dividend started being paid out after deductions on December 29. Currently, Americold Realty Trust has a payout ratio of 800.00% negative.