Duff & Phelps Investment Management Co. Increases Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Duff & Phelps Investment Management Co. boosted its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 11.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,947,335 shares of the company's stock after buying an additional 194,080 shares during the period. Duff & Phelps Investment Management Co. owned 0.69% of Americold Realty Trust worth $41,673,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of COLD. Venturi Wealth Management LLC boosted its position in shares of Americold Realty Trust by 1,081.4% in the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after purchasing an additional 2,033 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in Americold Realty Trust in the 3rd quarter worth approximately $55,000. Vestcor Inc bought a new position in Americold Realty Trust in the 4th quarter valued at approximately $86,000. EverSource Wealth Advisors LLC boosted its stake in 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. Finally, Blue Trust Inc. increased its holdings in shares of Americold Realty Trust by 100.6% in the 4th quarter. Blue Trust Inc. now owns 7,783 shares of the company's stock worth $167,000 after purchasing an additional 3,903 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on COLD. Scotiabank boosted their target price on shares of Americold Realty Trust from $27.00 to $28.00 and gave the company a "sector outperform" rating in a research note on Monday, March 10th. Truist Financial cut their price target on 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. Raymond James cut their price objective 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. Finally, Citigroup lowered 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. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $28.82.

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Americold Realty Trust Stock Down 1.5 %

Shares of COLD traded down $0.32 during midday trading on Tuesday, reaching $21.15. 752,797 shares of the stock were exchanged, compared to its average volume of 2,251,873. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a 52 week low of $20.41 and a 52 week high of $30.45. The company's 50 day moving average is $21.85 and its two-hundred day moving average is $23.43. The company has a market capitalization of $6.01 billion, a P/E ratio of -62.12, a PEG ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $666.44 million for the quarter, compared to the consensus estimate of $684.03 million. On average, sell-side analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.23 per share. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.35%. Americold Realty Trust's payout ratio is presently -270.59%.

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.