LPL Financial LLC Grows Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

LPL Financial LLC lifted its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD – Get Rating) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,822 shares of the company’s stock after acquiring an additional 1,475 shares during the quarter. LPL Financial LLC’s holdings in Americold Realty Trust were worth $1,467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pathstone Family Office LLC raised its position in Americold Realty Trust by 0.9% during the 3rd quarter. Pathstone Family Office LLC now owns 48,261 shares of the company’s stock valued at $1,190,000 after purchasing an additional 426 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Americold Realty Trust by 0.6% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 76,269 shares of the company’s stock worth $1,876,000 after acquiring an additional 450 shares during the period. Arizona State Retirement System grew its holdings in Americold Realty Trust by 0.6% during the 3rd quarter. Arizona State Retirement System now owns 73,175 shares of the company’s stock worth $1,800,000 after acquiring an additional 470 shares in the last quarter. Amalgamated Bank grew its holdings in Americold Realty Trust by 1.3% during the 3rd quarter. Amalgamated Bank now owns 49,080 shares of the company’s stock worth $1,207,000 after acquiring an additional 632 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in Americold Realty Trust by 1.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 66,391 shares of the company’s stock valued at $1,994,000 after purchasing an additional 700 shares during the period. Institutional investors own 98.98% of the company’s stock.

Americold Realty Trust Stock Down 0.6 %

Shares of COLD stock opened at $28.97 on Friday. The stock’s fifty day moving average price is $28.84 and its 200 day moving average price is $29.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.18 and a quick ratio of 0.18. Americold Realty Trust, Inc. has a 1-year low of $21.49 and a 1-year high of $32.99. The company has a market cap of $7.83 billion, a price-to-earnings ratio of -1,448.50, a price-to-earnings-growth ratio of 2.84 and a beta of 0.50.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a $0.88 dividend on an annualized basis and a yield of 3.04%. Americold Realty Trust’s payout ratio is -4,400.00%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada upgraded shares of Americold Realty Trust from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $33.00 to $36.00 in a research note on Monday, May 8th. Barclays raised Americold Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $30.00 to $32.00 in a research report on Thursday, March 23rd. Finally, JPMorgan Chase & Co. raised their price objective on Americold Realty Trust from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, April 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.94.

Americold Realty Trust Company Profile

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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.