Americold Realty Trust, Inc. (NYSE:COLD) Stock Position Increased by Easterly Investment Partners LLC

Easterly Investment Partners LLC raised its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 205.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,018,807 shares of the company's stock after purchasing an additional 684,726 shares during the period. Americold Realty Trust accounts for approximately 1.7% of Easterly Investment Partners LLC's investment portfolio, making the stock its 5th biggest position. Easterly Investment Partners LLC owned approximately 0.36% of Americold Realty Trust worth $21,802,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in COLD. Cerity Partners LLC grew its stake in Americold Realty Trust by 87.2% during the third quarter. Cerity Partners LLC now owns 54,873 shares of the company's stock worth $1,551,000 after purchasing an additional 25,554 shares during the period. Loomis Sayles & Co. L P acquired a new position in Americold Realty Trust during the 3rd quarter valued at about $55,000. FMR LLC grew its holdings in Americold Realty Trust by 40.8% during the third quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after buying an additional 3,844,603 shares in the last quarter. Quantbot Technologies LP lifted its holdings in Americold Realty Trust by 39.3% during the third quarter. Quantbot Technologies LP now owns 145,956 shares of the company's stock worth $4,126,000 after acquiring an additional 41,178 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Americold Realty Trust by 2.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,887,748 shares of the company's stock valued at $53,367,000 after acquiring an additional 47,795 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

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Americold Realty Trust Trading Down 2.4 %

NYSE COLD traded down $0.53 on Monday, hitting $21.35. The company's stock had a trading volume of 1,438,176 shares, compared to its average volume of 2,121,642. The firm has a market cap of $6.07 billion, a P/E ratio of -62.81, a PEG ratio of 1.66 and a beta of 0.57. 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 simple moving average is $21.84 and its 200 day simple moving average is $23.52. 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 (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million during the quarter, compared to analyst estimates of $684.03 million. Research analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued 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 is Friday, March 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.31%. Americold Realty Trust's dividend payout ratio is -270.59%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Scotiabank lifted their price target on Americold Realty Trust from $27.00 to $28.00 and gave the company a "sector outperform" rating in a research report on Monday, March 10th. Raymond James dropped 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 research report on Wednesday, December 11th. Citigroup reduced 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. Finally, Truist Financial lowered their target price 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. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $28.82.

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.