California Public Employees Retirement System Lowers Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

California Public Employees Retirement System cut its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 494,885 shares of the company's stock after selling 22,448 shares during the quarter. California Public Employees Retirement System owned 0.17% of Americold Realty Trust worth $10,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Arizona State Retirement System boosted its stake in shares of Americold Realty Trust by 0.8% during the fourth quarter. Arizona State Retirement System now owns 78,343 shares of the company's stock valued at $1,677,000 after purchasing an additional 644 shares during the period. MML Investors Services LLC boosted its position in Americold Realty Trust by 1.8% during the 3rd quarter. MML Investors Services LLC now owns 48,558 shares of the company's stock valued at $1,373,000 after buying an additional 882 shares during the period. Capital Insight Partners LLC boosted its position in Americold Realty Trust by 7.2% during the 4th quarter. Capital Insight Partners LLC now owns 17,022 shares of the company's stock valued at $364,000 after buying an additional 1,140 shares during the period. Brown Brothers Harriman & Co. bought a new stake in Americold Realty Trust in the 4th quarter worth $25,000. Finally, State of Alaska Department of Revenue increased its position in shares of Americold Realty Trust by 1.0% in the fourth quarter. State of Alaska Department of Revenue now owns 137,072 shares of the company's stock valued at $2,932,000 after acquiring an additional 1,339 shares during the period. 98.14% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

Several research firms recently issued reports on COLD. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Wednesday. Citigroup cut their price objective on 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. Finally, Scotiabank reduced their target price on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a research note on Thursday. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $28.00.

Americold Realty Trust Stock Up 2.2 %

Shares of NYSE:COLD traded up $0.42 during trading on Friday, hitting $19.26. The stock had a trading volume of 2,280,557 shares, compared to its average volume of 2,179,058. 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, Inc. has a 12 month low of $16.67 and a 12 month high of $30.45. The company has a market capitalization of $5.48 billion, a PE ratio of -56.65, a PEG ratio of 1.66 and a beta of 0.77. The firm's fifty day moving average is $21.34 and its 200 day moving average is $22.86.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be given a dividend of $0.23 per share. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend is Friday, March 28th. Americold Realty Trust's dividend payout ratio (DPR) is -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.