Charles Schwab Investment Management Inc. Buys 255,632 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Charles Schwab Investment Management Inc. increased its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,155,686 shares of the company's stock after buying an additional 255,632 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.46% of Americold Realty Trust worth $88,932,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in 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 worth $39,936,000 after buying an additional 123,776 shares during the last quarter. Y Intercept Hong Kong Ltd increased its holdings in Americold Realty Trust by 139.3% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company's stock worth $1,322,000 after acquiring an additional 35,973 shares during the last quarter. TCW Group Inc. increased its stake in shares of Americold Realty Trust by 21.6% in the fourth quarter. TCW Group Inc. now owns 80,892 shares of the company's stock worth $1,731,000 after purchasing an additional 14,386 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Americold Realty Trust by 48.1% in the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company's stock valued at $1,139,000 after purchasing an additional 17,295 shares during the period. Finally, Park Avenue Securities LLC grew its stake in Americold Realty Trust by 19.6% in the 4th quarter. Park Avenue Securities LLC now owns 21,156 shares of the company's stock valued at $453,000 after buying an additional 3,464 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of research firms recently weighed in on COLD. Barclays decreased their target price on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Monday, November 18th. Royal Bank of Canada cut their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, November 13th. Citigroup lowered their price objective on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, December 4th. Raymond James cut their target price on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Wednesday, December 11th. Finally, Truist Financial reduced their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Americold Realty Trust presently has an average rating of "Moderate Buy" and an average target price of $29.25.

Americold Realty Trust Stock Down 1.3 %

Shares of COLD stock traded down $0.27 during mid-day trading on Thursday, hitting $20.75. The company's stock had a trading volume of 1,222,650 shares, compared to its average volume of 2,081,645. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of -61.02, a PEG ratio of 1.66 and a beta of 0.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. Americold Realty Trust, Inc. has a 52-week low of $20.41 and a 52-week high of $30.45. The business has a 50-day moving average price of $21.74 and a 200 day moving average price of $24.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued 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 business had revenue of $666.44 million during 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%. Research analysts predict 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. Investors 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 yield of 4.24%. Americold Realty Trust's dividend payout ratio (DPR) is -258.82%.

Americold Realty Trust Company 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.