Americold Realty Trust, Inc. (NYSE:COLD) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the twelve brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $29.25.

COLD has been the subject of several research reports. Barclays decreased their target price on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, November 18th. Raymond James decreased their price objective on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Wednesday, December 11th. Scotiabank boosted their target price on shares of Americold Realty Trust from $27.00 to $28.00 and gave the company a "sector outperform" rating in a report on Monday. Truist Financial reduced their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, December 5th. Finally, Citigroup lowered their price target on shares of Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, December 4th.

Institutional Trading of Americold Realty Trust

A number of large investors have recently made changes to their positions in COLD. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Americold Realty Trust by 9.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company's stock worth $39,936,000 after purchasing an additional 123,776 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its stake in shares of Americold Realty Trust by 139.3% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company's stock worth $1,322,000 after buying an additional 35,973 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Americold Realty Trust by 4.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company's stock worth $110,255,000 after acquiring an additional 165,667 shares during the period. TCW Group Inc. grew its holdings in shares of Americold Realty Trust by 21.6% in the fourth quarter. TCW Group Inc. now owns 80,892 shares of the company's stock worth $1,731,000 after acquiring an additional 14,386 shares during the period. Finally, SG Americas Securities LLC increased its position in Americold Realty Trust by 48.1% during the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company's stock valued at $1,139,000 after acquiring an additional 17,295 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

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Americold Realty Trust Trading Down 1.3 %

NYSE:COLD traded down $0.27 during trading hours on Monday, hitting $20.75. The company had a trading volume of 1,222,650 shares, compared to its average volume of 2,081,645. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a 50-day moving average price of $21.74 and a 200 day moving average price of $24.15. The company has a market capitalization of $5.90 billion, a PE ratio of -61.02, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57. Americold Realty Trust has a 52 week low of $20.41 and a 52 week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share 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 firm had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. On average, equities research analysts predict that Americold Realty Trust will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 4.24%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust's dividend payout ratio (DPR) is -258.82%.

Americold Realty Trust Company 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.