Public Employees Retirement System of Ohio Cuts Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Public Employees Retirement System of Ohio decreased its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 15.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 491,608 shares of the company’s stock after selling 89,092 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.17% of Americold Realty Trust worth $12,251,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in COLD. GAMMA Investing LLC bought a new position in shares of Americold Realty Trust in the 4th quarter valued at about $50,000. Principal Securities Inc. bought a new position in shares of Americold Realty Trust in the 4th quarter valued at about $80,000. Signaturefd LLC lifted its holdings in shares of Americold Realty Trust by 24.0% in the 4th quarter. Signaturefd LLC now owns 3,405 shares of the company’s stock valued at $103,000 after acquiring an additional 659 shares during the last quarter. Norden Group LLC bought a new position in shares of Americold Realty Trust in the 1st quarter valued at about $220,000. Finally, Cetera Trust Company N.A bought a new position in shares of Americold Realty Trust in the 4th quarter valued at about $225,000. Institutional investors own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on COLD shares. Wells Fargo & Company started coverage on shares of Americold Realty Trust in a report on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price target for the company. Wolfe Research raised shares of Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research note on Monday, July 1st. JPMorgan Chase & Co. raised shares of Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a research note on Wednesday, June 26th. Scotiabank raised shares of Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $27.00 to $30.00 in a research note on Thursday, May 23rd. Finally, Barclays raised their price objective on shares of Americold Realty Trust from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Friday, May 24th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $30.60.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD remained flat at $29.47 during trading on Monday. 2,640,434 shares of the stock were exchanged, compared to its average volume of 2,400,230. The business’s 50-day simple moving average is $26.55 and its two-hundred day simple moving average is $25.94. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $33.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.16 and a current ratio of 0.16.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend was Friday, June 28th. Americold Realty Trust’s payout ratio is -75.21%.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.