Values First Advisors Inc. Buys Shares of 17,470 Americold Realty Trust, Inc. (NYSE:COLD)

Values First Advisors Inc. bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,470 shares of the company’s stock, valued at approximately $529,000.

Other institutional investors also recently modified their holdings of the company. VisionPoint Advisory Group LLC raised its holdings in Americold Realty Trust by 74.1% during the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock worth $28,000 after acquiring an additional 389 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Americold Realty Trust by 5.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 8,542 shares of the company’s stock worth $260,000 after acquiring an additional 423 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings in Americold Realty Trust by 0.4% during the second quarter. Treasurer of the State of North Carolina now owns 118,006 shares of the company’s stock worth $3,812,000 after acquiring an additional 500 shares in the last quarter. Covestor Ltd raised its holdings in Americold Realty Trust by 155.1% during the second quarter. Covestor Ltd now owns 824 shares of the company’s stock worth $27,000 after acquiring an additional 501 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its holdings in Americold Realty Trust by 1.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 29,693 shares of the company’s stock worth $851,000 after acquiring an additional 508 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

COLD has been the topic of several research analyst reports. Raymond James upgraded Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a research note on Thursday, February 29th. JPMorgan Chase & Co. dropped their price objective on Americold Realty Trust from $34.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, December 1st. KeyCorp dropped their price objective on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, March 22nd. Truist Financial raised Americold Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $31.00 to $35.00 in a research report on Tuesday, January 16th. Finally, Barclays decreased their target price on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.13.

Americold Realty Trust Price Performance

NYSE:COLD traded up $0.15 during trading hours on Thursday, reaching $24.92. 2,377,306 shares of the company were exchanged, compared to its average volume of 2,483,371. The company has a market capitalization of $7.07 billion, a P/E ratio of -20.59, a P/E/G ratio of 2.13 and a beta of 0.53. Americold Realty Trust, Inc. has a 1-year low of $24.31 and a 1-year high of $33.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The business has a 50 day moving average of $26.71 and a 200 day moving average of $28.13.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, March 27th. Americold Realty Trust’s dividend payout ratio is currently -72.73%.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.