Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Lasalle Investment Management Securities LLC

Lasalle Investment Management Securities LLC grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 85.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,586,563 shares of the company's stock after purchasing an additional 1,654,650 shares during the period. Americold Realty Trust makes up 3.2% of Lasalle Investment Management Securities LLC's investment portfolio, making the stock its 13th largest position. Lasalle Investment Management Securities LLC owned 1.26% of Americold Realty Trust worth $76,752,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new position in shares of Americold Realty Trust during the fourth quarter worth $25,000. Venturi Wealth Management LLC boosted its holdings in Americold Realty Trust by 1,081.4% during 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 during the period. Vestcor Inc acquired a new position in Americold Realty Trust in the 4th quarter valued at about $86,000. Aster Capital Management DIFC Ltd purchased a new stake in Americold Realty Trust during the fourth quarter worth about $86,000. Finally, Headlands Technologies LLC lifted its position in shares of Americold Realty Trust by 2,681.3% during 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 in the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on COLD. Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Scotiabank decreased their target price 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 cut their price target 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 investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Stock Performance

COLD traded down $0.04 on Thursday, reaching $20.14. The company had a trading volume of 1,090,056 shares, compared to its average volume of 2,176,617. The stock has a 50-day moving average price of $21.00 and a 200-day moving average price of $22.38. The stock has a market capitalization of $5.73 billion, a PE ratio of -59.23, a P/E/G ratio of 1.66 and a beta of 0.77. Americold Realty Trust, Inc. has a 1 year low of $16.67 and a 1 year high of $30.45. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

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

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.57%. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date was Friday, March 28th. Americold Realty Trust's payout ratio is presently -270.59%.

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.