Fmr LLC Purchases 121,452 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

FMR LLC increased its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,382,883 shares of the company's stock after acquiring an additional 121,452 shares during the quarter. FMR LLC owned about 4.71% of Americold Realty Trust worth $286,394,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at $25,000. Venturi Wealth Management LLC raised its holdings 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 valued at $48,000 after acquiring an additional 2,033 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at about $86,000. Vestcor Inc purchased a new position in shares of Americold Realty Trust during the fourth quarter worth about $86,000. Finally, Headlands Technologies LLC increased its position in shares of Americold Realty Trust by 2,681.3% in the fourth quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after purchasing an additional 4,156 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on COLD. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their price target for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Scotiabank cut their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a report on Thursday, April 10th. Finally, Citigroup decreased their price objective on 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. Based on data from MarketBeat, Americold Realty Trust currently has an average rating of "Moderate Buy" and a consensus target price of $28.00.

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Americold Realty Trust Trading Down 0.3 %

Shares of NYSE COLD traded down $0.05 during trading hours on Tuesday, hitting $19.40. The company's stock had a trading volume of 1,072,936 shares, compared to its average volume of 2,176,249. The business has a 50-day simple moving average of $21.24 and a 200-day simple moving average of $22.69. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of -57.02, a P/E/G ratio of 1.66 and a beta of 0.77. 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 12 month low of $16.67 and a 12 month high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. The company had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. On average, analysts anticipate 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be given a dividend of $0.23 per share. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend is Friday, March 28th. Americold Realty Trust's dividend payout ratio (DPR) is -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.