Vanguard Group Inc. Has $814.22 Million Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Vanguard Group Inc. lifted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 0.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,047,597 shares of the company's stock after purchasing an additional 20,684 shares during the period. Vanguard Group Inc. owned 13.38% of Americold Realty Trust worth $814,219,000 as of its most recent filing with the Securities and Exchange Commission.

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

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Wall Street Analyst Weigh In

Several research analysts have recently commented on COLD shares. Scotiabank raised 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. Raymond James reduced their price target on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 11th. Citigroup dropped their price objective on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Friday, March 21st. Finally, Truist Financial reduced their target price on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, December 5th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $28.82.

Americold Realty Trust Price Performance

NYSE:COLD traded down $1.09 during trading hours on Thursday, hitting $20.38. The company's stock had a trading volume of 3,428,350 shares, compared to its average volume of 2,142,871. The stock has a fifty day simple moving average of $21.79 and a 200-day simple moving average of $23.34. The company has a market capitalization of $5.80 billion, a P/E ratio of -59.94, a PEG ratio of 1.66 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. Americold Realty Trust, Inc. has a twelve month low of $20.07 and a twelve month high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. The company had revenue of $666.44 million for the quarter, compared to the consensus estimate 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 anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Friday, March 28th. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. 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.