Knights of Columbus Asset Advisors LLC Sells 64,090 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Knights of Columbus Asset Advisors LLC decreased its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 33.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,494 shares of the company's stock after selling 64,090 shares during the period. Knights of Columbus Asset Advisors LLC's holdings in Americold Realty Trust were worth $2,686,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its stake in shares of Americold Realty Trust by 40.8% in the third quarter. FMR LLC now owns 13,261,431 shares of the company's stock valued at $374,901,000 after buying an additional 3,844,603 shares in the last quarter. PGGM Investments grew its stake in shares of Americold Realty Trust by 13.4% in the 4th quarter. PGGM Investments now owns 5,558,936 shares of the company's stock worth $118,961,000 after acquiring an additional 655,782 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Americold Realty Trust by 6.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company's stock valued at $88,932,000 after purchasing an additional 255,632 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Americold Realty Trust by 14.7% during the fourth quarter. American Century Companies Inc. now owns 3,061,204 shares of the company's stock valued at $65,510,000 after purchasing an additional 392,862 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Americold Realty Trust by 78.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company's stock valued at $53,975,000 after buying an additional 1,109,528 shares during the last quarter. Institutional investors own 98.14% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on COLD shares. Raymond James reduced their target price on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a report on Wednesday, December 11th. 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. 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 research note on Friday, March 21st. Finally, Truist Financial cut 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 issued a buy rating to the company's stock. According to data from MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average price target of $28.82.

Americold Realty Trust Price Performance

NYSE COLD traded up $0.19 during trading hours on Thursday, reaching $21.85. 2,853,575 shares of the stock traded hands, compared to its average volume of 2,054,123. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a 50 day simple moving average of $21.84 and a two-hundred day simple moving average of $23.61. Americold Realty Trust, Inc. has a 1 year low of $20.41 and a 1 year high of $30.45. The company has a market cap of $6.21 billion, a price-to-earnings ratio of -64.26, a price-to-earnings-growth ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly 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 business had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. On average, analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The business 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 represents a $0.92 annualized dividend and a yield of 4.21%. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, March 28th. Americold Realty Trust's dividend payout ratio (DPR) 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.