Geode Capital Management LLC Purchases 22,163 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Geode Capital Management LLC lifted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,772,373 shares of the company's stock after purchasing an additional 22,163 shares during the quarter. Geode Capital Management LLC owned 1.68% of Americold Realty Trust worth $102,159,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Schroder Investment Management Group lifted its stake in Americold Realty Trust by 46.0% during the fourth quarter. Schroder Investment Management Group now owns 1,457,634 shares of the company's stock worth $30,581,000 after purchasing an additional 458,935 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at about $25,000. Duff & Phelps Investment Management Co. lifted its position in Americold Realty Trust by 11.1% in the 4th quarter. Duff & Phelps Investment Management Co. now owns 1,947,335 shares of the company's stock worth $41,673,000 after buying an additional 194,080 shares during the last quarter. New Age Alpha Advisors LLC purchased a new stake in Americold Realty Trust in the fourth quarter worth approximately $867,000. Finally, Easterly Investment Partners LLC grew its position in Americold Realty Trust by 205.0% during the fourth quarter. Easterly Investment Partners LLC now owns 1,018,807 shares of the company's stock valued at $21,802,000 after acquiring an additional 684,726 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

COLD has been the subject of a number of research reports. Citigroup cut their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price objective for the company from $26.00 to $21.00 in a research note on Wednesday, April 9th. Finally, Scotiabank decreased their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a report on Thursday, April 10th. Two 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 has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

Americold Realty Trust Stock Down 0.6 %

Shares of NYSE COLD traded down $0.11 during mid-day trading on Tuesday, hitting $19.34. 548,139 shares of the stock traded hands, compared to its average volume of 2,173,829. The company has a market cap of $5.50 billion, a price-to-earnings ratio of -56.90, a PEG ratio of 1.66 and a beta of 0.77. The stock has a fifty day moving average price of $21.24 and a 200-day moving average price of $22.69. Americold Realty Trust, Inc. has a 52 week low of $16.67 and a 52 week high of $30.45. 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 (NYSE:COLD - Get Free Report) last released 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. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The firm had revenue of $666.44 million for the quarter, compared to the consensus estimate of $684.03 million. Research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be given a $0.23 dividend. 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 dividend yield of 4.76%. The ex-dividend date is Friday, March 28th. Americold Realty Trust's payout ratio is currently -270.59%.

Americold Realty Trust 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.