WINTON GROUP Ltd acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 217,600 shares of the company’s stock, valued at approximately $2,663,000.
Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Americold Realty Trust by 1.0% in the third quarter. Vanguard Group Inc. now owns 38,208,902 shares of the company’s stock valued at $467,677,000 after purchasing an additional 367,920 shares in the last quarter. Norges Bank acquired a new stake in Americold Realty Trust in the second quarter worth $206,317,000. State Street Corp boosted its position in shares of Americold Realty Trust by 4.8% during the second quarter. State Street Corp now owns 10,705,522 shares of the company’s stock worth $180,437,000 after purchasing an additional 493,256 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Americold Realty Trust by 53.4% during the third quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after purchasing an additional 2,754,751 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC grew its holdings in shares of Americold Realty Trust by 11.9% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock valued at $85,133,000 after buying an additional 742,319 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.
Americold Realty Trust Trading Down 1.5%
Shares of NYSE:COLD opened at $12.07 on Wednesday. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $22.35. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17. The company’s fifty day simple moving average is $12.90 and its 200 day simple moving average is $12.71. The firm has a market cap of $3.44 billion, a price-to-earnings ratio of -30.16, a PEG ratio of 4.35 and a beta of 0.89.
Americold Realty Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Tuesday, March 31st. Americold Realty Trust’s payout ratio is -230.00%.
Analysts Set New Price Targets
Several brokerages recently commented on COLD. Citigroup raised their price objective on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Scotiabank boosted their target price on Americold Realty Trust from $12.00 to $14.00 and gave the company a “sector perform” rating in a research note on Friday, January 9th. Evercore set a $14.00 price target on Americold Realty Trust in a report on Friday, February 20th. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research report on Thursday, February 5th. Finally, Truist Financial cut their price objective on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, December 24th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust currently has a consensus rating of “Hold” and an average price target of $14.38.
View Our Latest Research Report on COLD
Americold Realty Trust Profile
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.
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