Americold Realty Trust, Inc. (NYSE:COLD) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,900,054 shares of the company's stock after acquiring an additional 165,667 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.37% of Americold Realty Trust worth $110,255,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. lifted its stake in shares of Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock valued at $28,000 after buying an additional 961 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Americold Realty Trust by 189.9% during the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $32,000 after purchasing an additional 735 shares during the last quarter. Blue Trust Inc. grew its position in shares of Americold Realty Trust by 2,727.4% in the second quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after purchasing an additional 2,891 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Americold Realty Trust in the second quarter valued at $85,000. Finally, Signaturefd LLC increased its stake in Americold Realty Trust by 22.7% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after purchasing an additional 740 shares during the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COLD. Scotiabank raised their price target on Americold Realty Trust from $30.00 to $31.00 and gave the stock a "sector outperform" rating in a research note on Monday, August 19th. Barclays lowered their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Monday, November 18th. Royal Bank of Canada cut their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 13th. Wells Fargo & Company boosted their price objective on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 28th. Finally, Truist Financial increased their target price on Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a research report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $30.55.

Americold Realty Trust Stock Down 1.4 %

Shares of COLD traded down $0.34 during midday trading on Tuesday, reaching $23.66. 1,623,632 shares of the company were exchanged, compared to its average volume of 2,200,610. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92. The stock has a 50-day moving average price of $25.92 and a 200-day moving average price of $26.88. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market cap of $6.73 billion, a price-to-earnings ratio of -23.43, a P/E/G ratio of 1.81 and a beta of 0.61.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.34 by ($0.35). Americold Realty Trust had a negative return on equity of 8.08% and a negative net margin of 10.63%. The company had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same period last year, the firm posted $0.32 earnings per share. The business's revenue was up .9% on a year-over-year basis. Research analysts expect that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend was Monday, September 30th. Americold Realty Trust's payout ratio is -87.13%.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.