Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 42,879 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 86.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,581 shares of the company's stock after purchasing an additional 42,879 shares during the period. 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 SEC.

Several other institutional investors have also recently made changes to their positions in COLD. Berkeley Capital Partners LLC boosted its holdings in shares of Americold Realty Trust by 15.8% during the 4th quarter. Berkeley Capital Partners LLC now owns 40,714 shares of the company's stock worth $871,000 after buying an additional 5,563 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of Americold Realty Trust during the 4th quarter worth approximately $602,000. Xponance Inc. raised its holdings in shares of Americold Realty Trust by 14.7% during the 4th quarter. Xponance Inc. now owns 12,980 shares of the company's stock worth $278,000 after buying an additional 1,663 shares in the last quarter. Boston Partners boosted its stake in shares of Americold Realty Trust by 510.1% in the 4th quarter. Boston Partners now owns 399,164 shares of the company's stock valued at $8,542,000 after purchasing an additional 333,742 shares in the last quarter. Finally, William Blair Investment Management LLC grew its stake in shares of Americold Realty Trust by 16.6% during the fourth quarter. William Blair Investment Management LLC now owns 1,883,041 shares of the company's stock worth $40,297,000 after buying an additional 268,520 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

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Analyst Upgrades and Downgrades

COLD has been the subject of a number of recent research reports. Truist Financial decreased their price objective on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, December 5th. Citigroup decreased their price target on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Friday, March 21st. Scotiabank raised their price target on shares of 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, Raymond James cut their price objective on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $28.82.

Americold Realty Trust Stock Performance

COLD stock traded down $0.01 on Friday, hitting $21.87. The company had a trading volume of 3,075,098 shares, compared to its average volume of 2,124,046. The stock has a market cap of $6.22 billion, a price-to-earnings ratio of -64.31, a P/E/G ratio of 1.66 and a beta of 0.57. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock's 50-day simple moving average is $21.84 and its 200 day simple moving average is $23.56. Americold Realty Trust, Inc. has a 12-month low of $20.41 and a 12-month high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The company had revenue of $666.44 million during the quarter, compared to analyst estimates of $684.03 million. As a group, equities research analysts expect 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be issued a $0.23 dividend. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.21%. Americold Realty Trust's dividend payout ratio (DPR) is presently -270.59%.

About Americold Realty Trust

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.