Jane Street Group LLC Grows Position in AmeriCold Realty Trust (NYSE:COLD)

Jane Street Group LLC increased its position in AmeriCold Realty Trust (NYSE:COLD) by 405.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 455,673 shares of the company’s stock after purchasing an additional 365,519 shares during the quarter. Jane Street Group LLC owned approximately 0.24% of AmeriCold Realty Trust worth $14,773,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in AmeriCold Realty Trust by 30.8% during the 2nd quarter. Vanguard Group Inc. now owns 27,084,948 shares of the company’s stock valued at $878,095,000 after buying an additional 6,374,154 shares in the last quarter. BlackRock Inc. increased its holdings in shares of AmeriCold Realty Trust by 1.8% in the 2nd quarter. BlackRock Inc. now owns 12,546,650 shares of the company’s stock worth $406,763,000 after purchasing an additional 217,831 shares in the last quarter. Cohen & Steers Inc. increased its holdings in shares of AmeriCold Realty Trust by 18.6% in the 2nd quarter. Cohen & Steers Inc. now owns 8,431,034 shares of the company’s stock worth $273,334,000 after purchasing an additional 1,323,514 shares in the last quarter. Brookfield Asset Management Inc. increased its holdings in shares of AmeriCold Realty Trust by 56.5% in the 2nd quarter. Brookfield Asset Management Inc. now owns 6,146,252 shares of the company’s stock worth $199,261,000 after purchasing an additional 2,218,541 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of AmeriCold Realty Trust by 51.9% in the 1st quarter. FMR LLC now owns 5,804,793 shares of the company’s stock worth $177,103,000 after purchasing an additional 1,983,188 shares in the last quarter.

In other AmeriCold Realty Trust news, Director Kelly Hefner Barrett acquired 6,000 shares of the stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average cost of $34.96 per share, for a total transaction of $209,760.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.42% of the stock is owned by insiders.

A number of analysts have commented on the company. Citigroup began coverage on AmeriCold Realty Trust in a report on Monday, July 1st. They issued a “buy” rating and a $38.00 target price for the company. TheStreet raised AmeriCold Realty Trust from a “d” rating to a “c” rating in a report on Friday, August 9th. Robert W. Baird lifted their price objective on AmeriCold Realty Trust from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. ValuEngine lowered 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 AmeriCold Realty Trust from $34.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $35.31.

NYSE COLD traded up $0.21 on Friday, hitting $36.86. 9,534,637 shares of the company traded hands, compared to its average volume of 1,363,390. The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 31.24, a P/E/G ratio of 2.96 and a beta of 0.67. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average price is $35.73 and its 200-day moving average price is $32.81. AmeriCold Realty Trust has a 52-week low of $23.28 and a 52-week high of $37.39.

AmeriCold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $438.46 million during the quarter, compared to analysts’ expectations of $419.30 million. During the same quarter in the previous year, the firm earned $0.29 earnings per share. AmeriCold Realty Trust’s revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts predict that AmeriCold Realty Trust will post 1.23 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.17%. AmeriCold Realty Trust’s payout ratio 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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Institutional Ownership by Quarter for AmeriCold Realty Trust (NYSE:COLD)

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