Raymond James & Associates Has $3.06 Million Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Raymond James & Associates reduced its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 11.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 101,068 shares of the company’s stock after selling 12,611 shares during the quarter. Raymond James & Associates’ holdings in Americold Realty Trust were worth $3,059,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in COLD. VisionPoint Advisory Group LLC lifted its holdings in Americold Realty Trust by 74.1% in the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after buying an additional 389 shares during the period. Clearstead Advisors LLC acquired a new position in shares of Americold Realty Trust in the 3rd quarter valued at $33,000. Quarry LP bought a new position in shares of Americold Realty Trust in the 1st quarter worth $34,000. Signaturefd LLC grew its stake in shares of Americold Realty Trust by 23.8% during the third quarter. Signaturefd LLC now owns 2,746 shares of the company’s stock worth $84,000 after purchasing an additional 528 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in Americold Realty Trust by 185.7% in the fourth quarter. Lazard Asset Management LLC now owns 3,083 shares of the company’s stock valued at $87,000 after purchasing an additional 2,004 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Trading Down 2.1 %

COLD opened at $23.94 on Friday. The stock has a market capitalization of $6.79 billion, a P/E ratio of -19.78, a P/E/G ratio of 2.16 and a beta of 0.52. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.13. Americold Realty Trust, Inc. has a 12 month low of $23.47 and a 12 month high of $33.90. The firm’s fifty day simple moving average is $25.76 and its 200 day simple moving average is $27.48.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be issued a $0.22 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.68%. Americold Realty Trust’s dividend payout ratio (DPR) is -72.73%.

Analyst Ratings Changes

COLD has been the subject of several analyst reports. Truist Financial upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the stock from $31.00 to $35.00 in a research report on Tuesday, January 16th. Raymond James raised shares of Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research note on Thursday, February 29th. KeyCorp decreased their price target on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, March 22nd. Scotiabank started coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They set a “sector perform” rating and a $27.00 price objective on the stock. Finally, Royal Bank of Canada decreased their target price on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday, February 28th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.13.

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.