Vision Capital Corp Acquires 365,000 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Vision Capital Corp boosted its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 44.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,194,720 shares of the company's stock after buying an additional 365,000 shares during the quarter. Americold Realty Trust makes up approximately 4.1% of Vision Capital Corp's investment portfolio, making the stock its 6th largest position. Vision Capital Corp owned 0.42% of Americold Realty Trust worth $25,567,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of COLD. Brown Brothers Harriman & Co. bought a new position in Americold Realty Trust during the 4th quarter valued at $25,000. Venturi Wealth Management LLC raised 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. Aster Capital Management DIFC Ltd bought a new stake in shares of Americold Realty Trust during the fourth quarter valued at about $86,000. Vestcor Inc bought a new position in Americold Realty Trust in the 4th quarter valued at $86,000. Finally, Headlands Technologies LLC grew its position in 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 buying an additional 4,156 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on COLD shares. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price target for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Citigroup decreased 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, Scotiabank lowered their price objective on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research note on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Trading Down 1.2 %

Shares of NYSE:COLD traded down $0.24 during trading on Friday, reaching $19.91. 1,206,720 shares of the company were exchanged, compared to its average volume of 2,331,562. 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 firm has a market capitalization of $5.66 billion, a PE ratio of -58.56, a P/E/G ratio of 1.66 and a beta of 0.77. The business's fifty day simple moving average is $21.00 and its 200-day simple moving average is $22.38. Americold Realty Trust, Inc. has a 12-month low of $16.67 and a 12-month 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 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 during the quarter, compared to the consensus estimate of $684.03 million. On average, research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were given a dividend of $0.23 per share. The ex-dividend date was Friday, March 28th. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.62%. Americold Realty Trust's dividend 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.