International Assets Investment Management LLC Buys Shares of 95,940 Americold Realty Trust, Inc. (NYSE:COLD)

International Assets Investment Management LLC purchased a new stake in Americold Realty Trust, Inc. (NYSE:COLD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 95,940 shares of the company’s stock, valued at approximately $3,169,000.

Other hedge funds have also modified their holdings of the company. VisionPoint Advisory Group LLC lifted its position 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 last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Americold Realty Trust by 5.2% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 8,542 shares of the company’s stock worth $260,000 after acquiring an additional 423 shares during the last quarter. Treasurer of the State of North Carolina increased its holdings in Americold Realty Trust by 0.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 118,006 shares of the company’s stock valued at $3,812,000 after purchasing an additional 500 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in Americold Realty Trust by 1.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 29,693 shares of the company’s stock valued at $851,000 after purchasing an additional 508 shares during the last quarter. Finally, Amalgamated Bank raised its position in Americold Realty Trust by 1.3% in the third quarter. Amalgamated Bank now owns 41,213 shares of the company’s stock valued at $1,253,000 after purchasing an additional 515 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

Shares of COLD opened at $23.06 on Thursday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.13. Americold Realty Trust, Inc. has a 52-week low of $22.59 and a 52-week high of $33.90. The stock has a 50 day moving average price of $25.48 and a 200 day moving average price of $27.33. The company has a market capitalization of $6.55 billion, a price-to-earnings ratio of -19.05, a price-to-earnings-growth ratio of 2.07 and a beta of 0.52.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust’s dividend payout ratio (DPR) is -72.73%.

Wall Street Analysts Forecast Growth

COLD has been the subject of several research analyst reports. KeyCorp lowered their price target on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating for the company in a research report on Friday, March 22nd. Barclays lowered their target price on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating for the company in a report on Wednesday, March 27th. Truist Financial upgraded shares of Americold Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. Scotiabank started coverage on shares of Americold Realty Trust in a research note on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 price objective for the company. Finally, Royal Bank of Canada dropped their price objective on shares of Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.13.

Americold Realty Trust 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.