IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 15,749 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 12.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,348 shares of the company's stock after selling 15,749 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in Americold Realty Trust were worth $2,383,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the business. FMR LLC boosted its position in Americold Realty Trust by 40.8% during the third quarter. FMR LLC now owns 13,261,431 shares of the company's stock valued at $374,901,000 after purchasing an additional 3,844,603 shares during the last quarter. PGGM Investments raised its position in shares of Americold Realty Trust by 13.4% during the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company's stock valued at $118,961,000 after buying an additional 655,782 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Americold Realty Trust by 6.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company's stock worth $88,932,000 after purchasing an additional 255,632 shares during the period. American Century Companies Inc. grew its position in Americold Realty Trust by 14.7% in the fourth quarter. American Century Companies Inc. now owns 3,061,204 shares of the company's stock valued at $65,510,000 after acquiring an additional 392,862 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Americold Realty Trust by 132.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock valued at $63,151,000 after purchasing an additional 1,678,949 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

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Americold Realty Trust Stock Down 2.5 %

COLD traded down $0.54 during midday trading on Monday, reaching $21.34. 1,189,565 shares of the company were exchanged, compared to its average volume of 2,121,109. Americold Realty Trust, Inc. has a one year low of $20.41 and a one year 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. The company's fifty day moving average price is $21.84 and its 200 day moving average price is $23.52. The company has a market cap of $6.07 billion, a price-to-earnings ratio of -62.72, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.10 by $0.27. The firm had revenue of $666.44 million during the quarter, compared to analyst estimates of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. As a group, analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be paid a $0.23 dividend. 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 annualized dividend and a yield of 4.31%. Americold Realty Trust's dividend payout ratio is presently -270.59%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on COLD. Scotiabank lifted their price objective on Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a research report on Monday, March 10th. Raymond James reduced their price target on 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 decreased their price target on 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. Finally, Truist Financial reduced their price target on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $28.82.

About Americold Realty Trust

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.