Americold Realty Trust, Inc. (NYSE:COLD) Holdings Raised by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 86.3% during the 4th quarter, HoldingsChannel reports. The fund owned 92,581 shares of the company’s stock after acquiring an additional 42,879 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Americold Realty Trust were worth $1,981,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. FMR LLC lifted its holdings in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company’s stock valued at $374,901,000 after buying an additional 3,844,603 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Americold Realty Trust by 78.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company’s stock valued at $53,975,000 after acquiring an additional 1,109,528 shares in the last quarter. PGGM Investments lifted its stake in Americold Realty Trust by 13.4% in the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company’s stock valued at $118,961,000 after acquiring an additional 655,782 shares during the last quarter. Boston Partners lifted its stake in Americold Realty Trust by 510.1% in the fourth quarter. Boston Partners now owns 399,164 shares of the company’s stock valued at $8,542,000 after acquiring an additional 333,742 shares during the last quarter. Finally, William Blair Investment Management LLC grew its position in Americold Realty Trust by 16.6% in the fourth quarter. William Blair Investment Management LLC now owns 1,883,041 shares of the company’s stock worth $40,297,000 after acquiring an additional 268,520 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COLD. Citigroup decreased their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Friday. Scotiabank upped their price target on Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a research note on Monday, March 10th. Truist Financial cut their price objective on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Finally, Raymond James decreased their target price on Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $28.82.

Americold Realty Trust Trading Up 1.6 %

Shares of Americold Realty Trust stock opened at $21.64 on Tuesday. The company has a market cap of $6.15 billion, a price-to-earnings ratio of -63.64, a PEG ratio of 1.66 and a beta of 0.57. Americold Realty Trust, Inc. has a 1 year low of $20.41 and a 1 year high of $30.45. The company’s fifty day simple moving average is $21.80 and its 200-day simple moving average is $23.69. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.27. The company had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. As a group, sell-side analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a $0.23 dividend. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.92 annualized dividend and a yield of 4.25%. Americold Realty Trust’s dividend payout ratio is -270.59%.

Americold Realty Trust Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.