Cbre Investment Management Listed Real Assets LLC Sells 1,533,895 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Cbre Investment Management Listed Real Assets LLC lessened its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 38.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,427,629 shares of the company's stock after selling 1,533,895 shares during the period. Cbre Investment Management Listed Real Assets LLC owned about 0.85% of Americold Realty Trust worth $51,951,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Americold Realty Trust by 6.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company's stock worth $88,932,000 after purchasing an additional 255,632 shares during the period. Metis Global Partners LLC grew its holdings in shares of Americold Realty Trust by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 29,975 shares of the company's stock valued at $641,000 after purchasing an additional 3,062 shares in the last quarter. US Bancorp DE grew its holdings in shares of Americold Realty Trust by 18.4% in the fourth quarter. US Bancorp DE now owns 109,302 shares of the company's stock valued at $2,339,000 after purchasing an additional 16,983 shares in the last quarter. Versor Investments LP purchased a new position in shares of Americold Realty Trust in the fourth quarter valued at $302,000. Finally, Illinois Municipal Retirement Fund grew its holdings in shares of Americold Realty Trust by 55.9% in the fourth quarter. Illinois Municipal Retirement Fund now owns 103,628 shares of the company's stock valued at $2,218,000 after purchasing an additional 37,156 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

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Americold Realty Trust Trading Up 0.8 %

Shares of NYSE:COLD traded up $0.18 on Friday, hitting $22.67. 2,192,113 shares of the company's stock were exchanged, compared to its average volume of 2,085,722. Americold Realty Trust, Inc. has a 12 month low of $20.41 and a 12 month high of $30.45. The stock has a market capitalization of $6.44 billion, a price-to-earnings ratio of -66.66, a price-to-earnings-growth ratio of 1.66 and a beta of 0.61. The business's 50 day simple moving average is $21.74 and its two-hundred day simple moving average is $24.34. 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 (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 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 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 3.88%. Americold Realty Trust's dividend payout ratio (DPR) is -258.82%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on COLD shares. Raymond James cut 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. Citigroup cut their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating for the company in a report on Wednesday, December 4th. Royal Bank of Canada cut their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, November 13th. Robert W. Baird dropped their price objective on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a research note on Friday, November 8th. Finally, 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. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Americold Realty Trust presently has a consensus rating of "Moderate Buy" and an average target price of $29.17.

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.