Signaturefd LLC Boosts Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Signaturefd LLC increased its position in Americold Realty Trust, Inc. (NYSE:COLD) by 24.0% in the 4th quarter, HoldingsChannel reports. The fund owned 3,405 shares of the company’s stock after buying an additional 659 shares during the quarter. Signaturefd LLC’s holdings in Americold Realty Trust were worth $103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of Americold Realty Trust by 76,044.2% during the 3rd quarter. FMR LLC now owns 6,243,067 shares of the company’s stock valued at $189,852,000 after purchasing an additional 6,234,868 shares during the period. Invesco Ltd. boosted its stake in shares of Americold Realty Trust by 9.8% in the third quarter. Invesco Ltd. now owns 6,207,106 shares of the company’s stock worth $188,758,000 after acquiring an additional 552,287 shares during the period. Deutsche Bank AG grew its position in shares of Americold Realty Trust by 0.3% during the third quarter. Deutsche Bank AG now owns 4,451,713 shares of the company’s stock worth $135,377,000 after purchasing an additional 11,973 shares in the last quarter. Northern Trust Corp raised its stake in Americold Realty Trust by 2.4% during the 3rd quarter. Northern Trust Corp now owns 2,452,330 shares of the company’s stock valued at $74,575,000 after purchasing an additional 58,434 shares during the period. Finally, William Blair Investment Management LLC raised its stake in Americold Realty Trust by 10.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,697,021 shares of the company’s stock valued at $51,606,000 after purchasing an additional 164,286 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 0.7 %

Shares of COLD opened at $22.39 on Tuesday. The company has a 50-day moving average of $24.69 and a 200 day moving average of $26.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. Americold Realty Trust, Inc. has a 1-year low of $22.22 and a 1-year high of $33.90. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of -18.50, a PEG ratio of 1.96 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust’s payout ratio is currently -72.73%.

Wall Street Analysts Forecast Growth

COLD has been the subject of a number of research analyst reports. Scotiabank started coverage on shares of Americold Realty Trust in a report on Wednesday, March 27th. They set a “sector perform” rating and a $27.00 price objective for the company. KeyCorp reduced their price target on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd. Barclays dropped their price objective on shares of 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. Raymond James raised Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research note on Thursday, February 29th. Finally, Wells Fargo & Company started coverage on Americold Realty Trust in a research note on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.33.

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.