American Assets Capital Advisers LLC Sells 21,128 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

American Assets Capital Advisers LLC lowered its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 8.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 229,271 shares of the company's stock after selling 21,128 shares during the quarter. Americold Realty Trust makes up about 1.6% of American Assets Capital Advisers LLC's investment portfolio, making the stock its 19th largest holding. American Assets Capital Advisers LLC owned 0.08% of Americold Realty Trust worth $4,906,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of COLD. FMR LLC lifted its stake in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after buying an additional 3,844,603 shares during the last quarter. PGGM Investments boosted its holdings in shares of Americold Realty Trust by 13.4% during the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company's stock worth $118,961,000 after acquiring an additional 655,782 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Americold Realty Trust by 6.6% in 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Americold Realty Trust by 78.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company's stock valued at $53,975,000 after purchasing an additional 1,109,528 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Americold Realty Trust by 2.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,887,748 shares of the company's stock worth $53,367,000 after purchasing an additional 47,795 shares during the period. Institutional investors own 98.14% of the company's stock.

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Americold Realty Trust Price Performance

Shares of COLD traded down $0.03 during midday trading on Thursday, hitting $21.90. The company's stock had a trading volume of 1,913,332 shares, compared to its average volume of 2,066,829. 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 one year low of $20.41 and a one year high of $30.45. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of -64.40, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57. The company's fifty day simple moving average is $21.75 and its two-hundred day simple moving average is $23.90.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. The firm had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. As a group, equities 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a $0.23 dividend. The ex-dividend date is Friday, March 28th. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 4.20%. Americold Realty Trust's dividend payout ratio (DPR) is currently -258.82%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Citigroup decreased their price objective on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday, December 4th. Truist Financial dropped their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, December 5th. Raymond James decreased their target price on shares of 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. Finally, Scotiabank lifted 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. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $29.25.

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.