1 week Ago By ABMN Staff
California Public Employees Retirement System lessened its holdings in shares of Americold Realty Trust, Inc. ( NYSE:COLD – Free Report ) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 494,885 shares of the company’s stock after selling 22,448 shares during the period. California Public Employees Retirement System owned approximately 0.17% of Americold Realty Trust worth $10,591,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of COLD. Schroder Investment Management Group grew its position in Americold Realty Trust by 46.0% during the fourth quarter.
Schroder Investment Management Group now owns 1,457,634 shares of the company’s stock worth $30,581,000 after buying an additional 458,935 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in shares of Americold Realty Trust during the 4th quarter worth approximately $25,000.
Duff & Phelps Investment Management Co. grew its holdings in shares of Americold Realty Trust by 11.1% in the 4th quarter.
Duff & Phelps Investment Management Co. now owns 1,947,335 shares of the company’s stock worth $41,673,000 after acquiring an additional 194,080 shares during the period. New Age Alpha Advisors LLC purchased a new position in Americold Realty Trust in the 4th quarter valued at approximately $867,000.
Finally, Easterly Investment Partners LLC raised its holdings in Americold Realty Trust by 205.0% during the fourth quarter. Easterly Investment Partners LLC now owns 1,018,807 shares of the company’s stock worth $21,802,000 after purchasing an additional 684,726 shares during the last quarter.
Hedge funds and other institutional investors own 98.14% of the company’s stock. Americold Realty Trust Stock Performance NYSE:COLD opened at $19.
37 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.
15 and a quick ratio of 0.15. The firm has a market cap of $5.
51 billion, a PE ratio of -56.95, a P/E/G ratio of 1.66 and a beta of 0.
77. The firm has a 50 day simple moving average of $21.75 and a 200-day simple moving average of $23.
21. Americold Realty Trust, Inc. has a 1-year low of $18.
83 and a 1-year high of $30.45. Americold Realty Trust Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th.
Investors of record on Friday, March 28th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, March 28th.
This is an increase from Americold Realty Trust’s previous quarterly dividend of $0.22. This represents a $0.
92 annualized dividend and a yield of 4.75%. Americold Realty Trust’s dividend payout ratio is -270.
59%. Wall Street Analysts Forecast Growth Several analysts have weighed in on COLD shares. Citigroup dropped their price target on Americold Realty Trust from $25.
00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, March 21st. Scotiabank increased their price objective on shares of Americold Realty Trust from $27.
00 to $28.00 and gave the company a “sector outperform” rating in a research note on Monday, March 10th. Finally, Raymond James cut their target price on shares of Americold Realty Trust from $31.
00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock.
According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $28.82.
Check Out Our Latest Stock Report on COLD Americold Realty Trust Company Profile ( Free Report ) 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.
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