Schroder Investment Management Group Has $30.58 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Schroder Investment Management Group grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 46.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,457,634 shares of the company’s stock after purchasing an additional 458,935 shares during the period. Schroder Investment Management Group owned about 0.51% of Americold Realty Trust worth $30,581,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Brown Brothers Harriman & Co. bought a new position in Americold Realty Trust in the fourth quarter valued at $25,000. Venturi Wealth Management LLC grew its holdings in shares of Americold Realty Trust by 1,081.4% in the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock valued at $48,000 after acquiring an additional 2,033 shares in the last quarter. Vestcor Inc acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at about $86,000. EverSource Wealth Advisors LLC raised its holdings in Americold Realty Trust by 3,946.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company’s stock worth $126,000 after acquiring an additional 5,723 shares in the last quarter. Finally, Point72 DIFC Ltd boosted its position in Americold Realty Trust by 405.7% during the third quarter. Point72 DIFC Ltd now owns 7,226 shares of the company’s stock valued at $204,000 after purchasing an additional 5,797 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

COLD has been the topic of several recent analyst reports. Scotiabank boosted their price target on Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 10th. Citigroup dropped their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Friday, March 21st. Truist Financial decreased their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, December 5th. Finally, Raymond James dropped their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.82.

Americold Realty Trust Stock Down 1.6 %

Shares of COLD opened at $21.11 on Wednesday. The firm has a market cap of $6.00 billion, a P/E ratio of -62.10, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. Americold Realty Trust, Inc. has a 52 week low of $20.41 and a 52 week high of $30.45. The firm’s 50-day simple moving average is $21.85 and its 200 day simple moving average is $23.43.

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

Americold Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.36%. This is an increase from Americold Realty Trust’s previous quarterly dividend of $0.22. Americold Realty Trust’s dividend payout ratio (DPR) is currently -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.