Centersquare Investment Management LLC Grows Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Centersquare Investment Management LLC grew its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,796,662 shares of the company's stock after acquiring an additional 437,341 shares during the quarter. Centersquare Investment Management LLC owned about 1.34% of Americold Realty Trust worth $81,249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brown Brothers Harriman & Co. purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at about $25,000. Venturi Wealth Management LLC raised its stake in shares of Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after acquiring an additional 2,033 shares in the last quarter. Vestcor Inc bought a new stake in shares of Americold Realty Trust in the 4th quarter worth approximately $86,000. Headlands Technologies LLC boosted its stake in shares of Americold Realty Trust by 2,681.3% in the 4th quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock valued at $92,000 after purchasing an additional 4,156 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Americold Realty Trust by 3,946.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company's stock valued at $126,000 after purchasing an additional 5,723 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Trading Up 0.1 %

Shares of COLD traded up $0.02 during trading hours on Wednesday, reaching $17.52. 1,071,184 shares of the company traded hands, compared to its average volume of 2,367,749. Americold Realty Trust, Inc. has a 12 month low of $16.67 and a 12 month high of $30.45. The company's fifty day moving average price is $21.49 and its two-hundred day moving average price is $23.02. 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 company has a market capitalization of $4.98 billion, a price-to-earnings ratio of -51.55, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.27. The company had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. Equities research analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.23 per share. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.25%. Americold Realty Trust's dividend payout ratio (DPR) is currently -270.59%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Raymond James cut their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Wednesday, December 11th. Scotiabank raised their price target on Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a research report on Monday, March 10th. 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 report on Wednesday. Finally, Citigroup cut their target price on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Two equities research 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 company currently has a consensus rating of "Moderate Buy" and an average target price of $28.36.

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.