Marshall Wace LLP Boosts Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Marshall Wace LLP increased its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 123.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,277,864 shares of the company's stock after buying an additional 705,215 shares during the period. Marshall Wace LLP owned about 0.45% of Americold Realty Trust worth $27,346,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Y Intercept Hong Kong Ltd boosted its stake in 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 purchasing an additional 35,973 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Americold Realty Trust by 132.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock valued at $63,151,000 after acquiring an additional 1,678,949 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Americold Realty Trust by 7.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 857,571 shares of the company's stock valued at $18,352,000 after purchasing an additional 57,248 shares in the last quarter. Bank of New York Mellon Corp increased its position in Americold Realty Trust by 2.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,226,026 shares of the company's stock worth $26,237,000 after purchasing an additional 29,580 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in 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 in the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Trading Up 1.1 %

COLD stock traded up $0.23 during trading on Thursday, hitting $20.41. The company had a trading volume of 170,241 shares, compared to its average volume of 2,334,020. The firm has a market capitalization of $5.80 billion, a P/E ratio of -60.01, a PEG ratio of 1.66 and a beta of 0.77. Americold Realty Trust, Inc. has a 52-week low of $16.67 and a 52-week high of $30.45. The company has a 50 day simple moving average of $21.00 and a 200-day simple moving average of $22.38. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 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 the consensus estimate 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, research analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were given a dividend of $0.23 per share. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a yield of 4.51%. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analysts Set New Price Targets

Several equities analysts have commented on COLD shares. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price objective for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Scotiabank lowered their price objective on shares of Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 10th. Finally, Citigroup lowered 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 research report on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust has a consensus rating of "Moderate Buy" and an average target price of $28.00.

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.