William Blair Investment Management LLC Has $40.30 Million Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

William Blair Investment Management LLC boosted its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,883,041 shares of the company's stock after acquiring an additional 268,520 shares during the period. William Blair Investment Management LLC owned about 0.66% of Americold Realty Trust worth $40,297,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COLD. Assetmark Inc. boosted its position in Americold Realty Trust by 2,288.1% during the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company's stock valued at $28,000 after purchasing an additional 961 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of Americold Realty Trust during the third quarter valued at $55,000. Venturi Wealth Management LLC grew its position in shares of Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after acquiring an additional 2,033 shares during the last quarter. Vestcor Inc acquired a new stake in shares of Americold Realty Trust in the 4th quarter worth about $86,000. Finally, EverSource Wealth Advisors LLC lifted its position in Americold Realty Trust by 3,946.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company's stock valued at $126,000 after purchasing an additional 5,723 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several research analysts have commented on COLD shares. Citigroup decreased their target price 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. Scotiabank increased their price objective on Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a report on Monday, March 10th. Raymond James cut their target price on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Wednesday, December 11th. Finally, Truist Financial lowered their price target 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. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $29.08.

Americold Realty Trust Price Performance

COLD stock traded down $0.58 during trading hours on Friday, hitting $21.29. 1,993,869 shares of the stock traded hands, compared to its average volume of 2,054,691. The stock has a 50-day simple moving average of $21.78 and a 200 day simple moving average of $23.88. The company has a market cap of $6.05 billion, a P/E ratio of -62.60, a P/E/G ratio of 1.66 and a beta of 0.57. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year high of $30.45. 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 - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $666.44 million during the quarter, compared to analyst estimates of $684.03 million. Equities analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The business 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. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.92 annualized dividend and a dividend yield of 4.32%. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's dividend payout ratio is currently -258.82%.

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.