Teacher Retirement System of Texas Makes New Investment in Americold Realty Trust, Inc. (NYSE:COLD)

Teacher Retirement System of Texas bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,147 shares of the company's stock, valued at approximately $602,000.

Several other large investors also recently modified their holdings of the business. Venturi Wealth Management LLC raised its holdings in shares of Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after acquiring an additional 2,033 shares during the period. Vestcor Inc acquired a new stake in shares of Americold Realty Trust in the 4th quarter valued at about $86,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Americold Realty Trust by 3,946.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company's stock valued at $126,000 after purchasing an additional 5,723 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Americold Realty Trust by 100.6% during the fourth quarter. Blue Trust Inc. now owns 7,783 shares of the company's stock worth $167,000 after buying an additional 3,903 shares during the period. Finally, Point72 DIFC Ltd grew its holdings in shares of Americold Realty Trust by 405.7% during the third quarter. Point72 DIFC Ltd now owns 7,226 shares of the company's stock worth $204,000 after buying an additional 5,797 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Raymond James cut their target price on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Wednesday, December 11th. Citigroup cut their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, March 21st. Scotiabank increased their target price on shares of Americold Realty Trust from $27.00 to $28.00 and gave the stock a "sector outperform" rating in a report on Monday, March 10th. Finally, Truist Financial lowered their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, December 5th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Americold Realty Trust currently has an average rating of "Moderate Buy" and an average target price of $28.82.

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Americold Realty Trust Stock Performance

Shares of Americold Realty Trust stock traded down $1.09 during trading on Thursday, hitting $20.38. 3,428,350 shares of the stock were exchanged, compared to its average volume of 2,142,871. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a fifty day moving average price of $21.79 and a 200-day moving average price of $23.34. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of -59.94, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. Americold Realty Trust, Inc. has a 1-year low of $20.07 and a 1-year high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.51%. This is a boost 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 payout ratio is -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.