RMR Advisors LLC Acquires New Holdings in AmeriCold Realty Trust (COLD)

RMR Advisors LLC acquired a new stake in shares of AmeriCold Realty Trust (NYSE:COLD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the company’s stock, valued at approximately $305,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Quantamental Technologies LLC purchased a new stake in AmeriCold Realty Trust during the 4th quarter valued at about $74,000. Enlightenment Research LLC acquired a new stake in AmeriCold Realty Trust in the fourth quarter valued at $79,000. Valeo Financial Advisors LLC acquired a new stake in AmeriCold Realty Trust in the first quarter valued at $90,000. QS Investors LLC acquired a new stake in AmeriCold Realty Trust in the fourth quarter valued at $115,000. Finally, United Services Automobile Association acquired a new stake in AmeriCold Realty Trust in the third quarter valued at $208,000. 79.71% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Ronald W. Burkle sold 38,422,583 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $27.47, for a total value of $1,055,468,355.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

COLD has been the subject of several recent research reports. Robert W. Baird upped their price target on shares of AmeriCold Realty Trust from $26.00 to $31.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 19th. ValuEngine raised shares of AmeriCold Realty Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, January 9th. Zacks Investment Research lowered shares of AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Finally, Berenberg Bank began coverage on shares of AmeriCold Realty Trust in a research note on Wednesday, March 13th. They set a “buy” rating and a $35.00 price objective for the company. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. AmeriCold Realty Trust has an average rating of “Buy” and an average price target of $30.14.

Shares of NYSE COLD traded down $0.25 during mid-day trading on Wednesday, reaching $29.75. The company had a trading volume of 592,547 shares, compared to its average volume of 1,073,475. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $4.58 billion, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 2.65 and a beta of 0.80. AmeriCold Realty Trust has a 12-month low of $19.24 and a 12-month high of $31.46.

AmeriCold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, February 21st. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.24). AmeriCold Realty Trust had a return on equity of 7.05% and a net margin of 2.99%. The company had revenue of $415.82 million during the quarter, compared to analysts’ expectations of $416.40 million. On average, analysts predict that AmeriCold Realty Trust will post 1.18 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were paid a $0.20 dividend. The ex-dividend date was Thursday, March 28th. This is a positive change from AmeriCold Realty Trust’s previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.69%. AmeriCold Realty Trust’s dividend payout ratio (DPR) is 203.39%.

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About AmeriCold Realty Trust

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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Institutional Ownership by Quarter for AmeriCold Realty Trust (NYSE:COLD)

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