Strs Ohio Sells 310,182 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Strs Ohio decreased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 62.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 189,736 shares of the company’s stock after selling 310,182 shares during the quarter. Strs Ohio’s holdings in Americold Realty Trust were worth $5,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. VisionPoint Advisory Group LLC grew its position in shares of Americold Realty Trust by 74.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after purchasing an additional 389 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Americold Realty Trust by 5.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 8,542 shares of the company’s stock valued at $260,000 after purchasing an additional 423 shares in the last quarter. Treasurer of the State of North Carolina grew its position in shares of Americold Realty Trust by 0.4% during 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 in the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Americold Realty Trust by 1.7% during 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 in the last quarter. Finally, Capital Square LLC grew its position in shares of Americold Realty Trust by 1.2% during the 4th quarter. Capital Square LLC now owns 42,595 shares of the company’s stock valued at $1,289,000 after purchasing an additional 511 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

NYSE COLD opened at $22.72 on Friday. The company has a 50-day simple moving average of $25.38 and a two-hundred day simple moving average of $27.30. 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 12-month low of $22.59 and a 12-month high of $33.90. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of -18.78, a PEG ratio of 2.05 and a beta of 0.52.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.88 annualized dividend and a yield of 3.87%. Americold Realty Trust’s payout ratio is -72.73%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Truist Financial upgraded shares of Americold Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $31.00 to $35.00 in a research report on Tuesday, January 16th. KeyCorp cut their target price on shares of 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. Raymond James upgraded 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 report on Thursday, February 29th. Barclays cut their target price on shares of Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 27th. Finally, Scotiabank began coverage on shares of Americold Realty Trust in a research report on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.