Canada Pension Plan Investment Board Has $6.10 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

Canada Pension Plan Investment Board raised its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 19.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 285,200 shares of the company's stock after purchasing an additional 47,400 shares during the quarter. Canada Pension Plan Investment Board owned 0.10% of Americold Realty Trust worth $6,103,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in COLD. Barclays PLC lifted its position in Americold Realty Trust by 22.3% in the third quarter. Barclays PLC now owns 98,739 shares of the company's stock worth $2,791,000 after purchasing an additional 18,015 shares during the period. Tidal Investments LLC lifted its holdings in shares of Americold Realty Trust by 51.2% during the 3rd quarter. Tidal Investments LLC now owns 91,203 shares of the company's stock worth $2,578,000 after acquiring an additional 30,875 shares during the period. Franklin Resources Inc. boosted its position in shares of Americold Realty Trust by 14.4% during the 3rd quarter. Franklin Resources Inc. now owns 245,110 shares of the company's stock valued at $6,564,000 after acquiring an additional 30,831 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Americold Realty Trust by 4.0% in the third quarter. JPMorgan Chase & Co. now owns 1,272,052 shares of the company's stock valued at $35,961,000 after acquiring an additional 48,525 shares during the period. Finally, Everence Capital Management Inc. acquired a new position in Americold Realty Trust in the fourth quarter worth about $239,000. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Trading Down 1.2 %

COLD stock traded down $0.24 during trading on Friday, hitting $19.91. The company had a trading volume of 1,206,720 shares, compared to its average volume of 2,179,376. The firm has a 50-day moving average price of $20.95 and a 200-day moving average price of $22.28. Americold Realty Trust, Inc. has a 12 month low of $16.67 and a 12 month high of $30.45. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of -58.56, a PEG ratio of 1.66 and a beta of 0.77.

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 for the quarter, topping analysts' consensus estimates of $0.10 by $0.27. The company had revenue of $666.44 million during the quarter, compared to the consensus estimate 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, analysts predict 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, March 28th. 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 dividend yield of 4.62%. Americold Realty Trust's payout ratio is -270.59%.

Analysts Set New Price Targets

COLD has been the topic of several analyst reports. Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and lowered their price objective for the company from $26.00 to $21.00 in a research note on Wednesday, April 9th. Citigroup dropped their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Finally, Scotiabank reduced their target price on shares of Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a research note on Thursday, April 10th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $28.00.

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.