Amundi Sells 20,020 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Amundi cut its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 8.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 214,857 shares of the company's stock after selling 20,020 shares during the period. Amundi owned approximately 0.08% of Americold Realty Trust worth $4,549,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. grew its stake in Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock valued at $28,000 after acquiring an additional 961 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Americold Realty Trust by 9.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company's stock valued at $39,936,000 after buying an additional 123,776 shares during the last quarter. KBC Group NV increased its position in shares of Americold Realty Trust by 12.8% during the third quarter. KBC Group NV now owns 7,452 shares of the company's stock worth $211,000 after acquiring an additional 845 shares in the last quarter. Metis Global Partners LLC raised its holdings in shares of Americold Realty Trust by 27.0% in the 3rd quarter. Metis Global Partners LLC now owns 26,913 shares of the company's stock worth $761,000 after acquiring an additional 5,718 shares during the last quarter. Finally, Natixis Advisors LLC lifted its position in Americold Realty Trust by 7.0% in the 3rd quarter. Natixis Advisors LLC now owns 53,053 shares of the company's stock valued at $1,500,000 after acquiring an additional 3,456 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

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Americold Realty Trust Stock Down 1.1 %

NYSE COLD traded down $0.25 during mid-day trading on Wednesday, reaching $21.89. The stock had a trading volume of 1,281,371 shares, compared to its average volume of 2,234,962. The company has a fifty day moving average price of $21.75 and a 200 day moving average price of $23.90. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. Americold Realty Trust, Inc. has a 1 year low of $20.41 and a 1 year high of $30.45. The stock has a market cap of $6.23 billion, a PE ratio of -64.39, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share 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 firm had revenue of $666.44 million during the quarter, compared to analysts' expectations of $684.03 million. On average, research analysts expect 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. Stockholders of record on Friday, March 28th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. Americold Realty Trust's dividend payout ratio (DPR) is presently -258.82%.

Analysts Set New Price Targets

COLD has been the subject of a number of recent research reports. Citigroup decreased their price objective on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating for the company in a report on Wednesday, December 4th. Truist Financial lowered their price target on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, December 5th. Scotiabank raised their price objective on Americold Realty Trust from $27.00 to $28.00 and gave the company a "sector outperform" rating in a research note on Monday, March 10th. Finally, Raymond James lowered their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus 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.