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

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Americold Realty Trust, Inc. (NYSE:COLD) by 86.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 92,581 shares of the company’s stock after purchasing an additional 42,879 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Americold Realty Trust were worth $1,981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. FMR LLC increased its position in Americold Realty Trust by 40.8% in the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company’s stock valued at $374,901,000 after acquiring an additional 3,844,603 shares during the period. PGGM Investments grew its stake in shares of Americold Realty Trust by 13.4% in the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company’s stock worth $118,961,000 after purchasing an additional 655,782 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Americold Realty Trust by 6.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company’s stock valued at $88,932,000 after purchasing an additional 255,632 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of 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 purchasing an additional 1,109,528 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Americold Realty Trust by 2.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,887,748 shares of the company’s stock worth $53,367,000 after purchasing an additional 47,795 shares during the period. Institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

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

Americold Realty Trust Price Performance

NYSE COLD opened at $21.64 on Tuesday. 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, Inc. has a 1 year low of $20.41 and a 1 year high of $30.45. The company has a market cap of $6.15 billion, a PE ratio of -63.64, a PEG ratio of 1.66 and a beta of 0.57. The stock’s 50-day moving average price is $21.80 and its two-hundred day moving average price is $23.69.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. On average, analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.25%. The ex-dividend date is Friday, March 28th. This is a boost from Americold Realty Trust’s previous quarterly dividend of $0.22. Americold Realty Trust’s dividend payout ratio (DPR) 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.