Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 30.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 220,059 shares of the company's stock after acquiring an additional 51,002 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.08% of Americold Realty Trust worth $4,709,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after acquiring an additional 3,844,603 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Americold Realty Trust by 6.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company's stock valued at $88,932,000 after purchasing an additional 255,632 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in Americold Realty Trust by 78.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,522,206 shares of the company's stock worth $53,975,000 after purchasing an additional 1,109,528 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Americold Realty Trust by 2.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,887,748 shares of the company's stock worth $53,367,000 after buying an additional 47,795 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Americold Realty Trust by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,272,052 shares of the company's stock worth $35,961,000 after buying an additional 48,525 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

Several brokerages recently commented on COLD. Citigroup cut their price target on shares of Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 4th. Truist Financial cut their target price on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, December 5th. Barclays decreased their target price on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research report on Monday, November 18th. 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 report on Monday, March 10th. Finally, Raymond James lowered their target price on shares of 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. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $29.25.

Americold Realty Trust Stock Performance

Shares of COLD stock traded up $0.21 during mid-day trading on Tuesday, hitting $22.15. The stock had a trading volume of 1,640,652 shares, compared to its average volume of 2,072,774. The firm has a market cap of $6.30 billion, a PE ratio of -65.13, a PEG ratio of 1.66 and a beta of 0.57. The company's 50-day simple moving average is $21.73 and its 200-day simple moving average is $24.00. 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 fifty-two week low of $20.41 and a fifty-two week high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.37 EPS for the quarter, beating 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 firm had revenue of $666.44 million during the quarter, compared to the consensus estimate of $684.03 million. Sell-side analysts anticipate 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. Shareholders of record on Friday, March 28th will be given a $0.23 dividend. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date is Friday, March 28th. This represents a $0.92 annualized dividend and a yield of 4.15%. Americold Realty Trust's dividend payout ratio is presently -258.82%.

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.