Schroder Investment Management Group Purchases 458,935 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Schroder Investment Management Group increased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 46.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,457,634 shares of the company's stock after acquiring an additional 458,935 shares during the period. Schroder Investment Management Group owned approximately 0.51% of Americold Realty Trust worth $30,581,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank bought a new position in shares of Americold Realty Trust during the fourth quarter valued at $478,674,000. JPMorgan Chase & Co. increased its stake in Americold Realty Trust by 132.0% during 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 in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in Americold Realty Trust by 78.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company's stock worth $53,975,000 after buying an additional 1,109,528 shares during the last quarter. Easterly Investment Partners LLC lifted its stake in shares of Americold Realty Trust by 205.0% in the fourth quarter. Easterly Investment Partners LLC now owns 1,018,807 shares of the company's stock worth $21,802,000 after buying an additional 684,726 shares in the last quarter. Finally, PGGM Investments grew its holdings 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. Hedge funds and other institutional investors own 98.14% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on COLD shares. Citigroup decreased 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 report on Friday, March 21st. Raymond James decreased their price target on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Wednesday, December 11th. Finally, Scotiabank increased their price objective 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. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.82.

Americold Realty Trust Stock Performance

NYSE:COLD traded down $1.03 on Friday, hitting $19.37. The stock had a trading volume of 5,810,893 shares, compared to its average volume of 2,157,049. The business's 50-day simple moving average is $21.75 and its two-hundred day simple moving average is $23.21. The stock has a market cap of $5.51 billion, a price-to-earnings ratio of -56.95, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. Americold Realty Trust, Inc. has a 52-week low of $18.83 and a 52-week 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 posted its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) 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 company had revenue of $666.44 million for the quarter, compared to the consensus estimate of $684.03 million. As a group, research analysts predict that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be given a dividend of $0.23 per share. 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 dividend on an annualized basis and a dividend yield of 4.75%. Americold Realty Trust's payout ratio 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.