Americold Realty Trust, Inc. (NYSE:COLD) Stock Position Reduced by American Assets Capital Advisers LLC

American Assets Capital Advisers LLC decreased its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 229,271 shares of the company’s stock after selling 21,128 shares during the quarter. Americold Realty Trust makes up about 1.6% of American Assets Capital Advisers LLC’s holdings, making the stock its 19th biggest position. American Assets Capital Advisers LLC owned approximately 0.08% of Americold Realty Trust worth $4,906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Americold Realty Trust by 9.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock worth $39,936,000 after acquiring an additional 123,776 shares in the last quarter. Y Intercept Hong Kong Ltd raised its stake in shares of Americold Realty Trust by 139.3% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company’s stock worth $1,322,000 after purchasing an additional 35,973 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Americold Realty Trust by 4.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock valued at $110,255,000 after buying an additional 165,667 shares during the last quarter. TCW Group Inc. grew its stake in shares of Americold Realty Trust by 21.6% in the 4th quarter. TCW Group Inc. now owns 80,892 shares of the company’s stock valued at $1,731,000 after buying an additional 14,386 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Americold Realty Trust by 48.1% in the fourth quarter. SG Americas Securities LLC now owns 53,236 shares of the company’s stock worth $1,139,000 after buying an additional 17,295 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $21.39 on Friday. Americold Realty Trust, Inc. has a 12 month low of $20.41 and a 12 month 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. The company has a market cap of $6.08 billion, a P/E ratio of -62.90, a P/E/G ratio of 1.66 and a beta of 0.57. The business’s 50 day moving average is $21.73 and its two-hundred day moving average is $24.04.

Americold Realty Trust (NYSE:COLD) last announced its earnings results 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 business had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. On average, equities analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend was Tuesday, December 31st. Americold Realty Trust’s payout ratio is presently -258.82%.

Analyst Ratings Changes

COLD has been the subject of several recent research reports. Citigroup decreased their target price on shares of Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, December 4th. Truist Financial decreased their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, December 5th. 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 report on Wednesday, December 11th. Scotiabank upped their price target on Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a research note on Monday, March 10th. Finally, Barclays lowered their price objective on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.25.

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.