Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 28.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,624,672 shares of the company's stock after purchasing an additional 577,772 shares during the quarter. Northern Trust Corp owned about 0.92% of Americold Realty Trust worth $56,168,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cohen & Steers Inc. raised its position in Americold Realty Trust by 16.3% in the 4th quarter. Cohen & Steers Inc. now owns 28,837,300 shares of the company's stock valued at $617,085,000 after purchasing an additional 4,049,374 shares in the last quarter. Norges Bank acquired a new stake in Americold Realty Trust in the fourth quarter valued at approximately $478,674,000. FMR LLC lifted its stake in Americold Realty Trust by 0.9% in the fourth quarter. FMR LLC now owns 13,382,883 shares of the company's stock worth $286,394,000 after acquiring an additional 121,452 shares during the last quarter. PGGM Investments grew its holdings in Americold Realty Trust by 13.4% during the 4th quarter. PGGM Investments now owns 5,558,936 shares of the company's stock worth $118,961,000 after acquiring an additional 655,782 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Americold Realty Trust by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 4,772,373 shares of the company's stock valued at $102,159,000 after purchasing an additional 22,163 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Price Performance

Shares of COLD opened at $18.36 on Thursday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The stock's 50 day moving average is $20.46 and its two-hundred day moving average is $21.86. Americold Realty Trust, Inc. has a twelve month low of $16.67 and a twelve month high of $30.45. The firm has a market capitalization of $5.23 billion, a PE ratio of -54.00, a P/E/G ratio of 1.66 and a beta of 0.95.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The firm had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. Research analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were paid a $0.23 dividend. This is a boost from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date was Friday, March 28th. This represents a $0.92 annualized dividend and a dividend yield of 5.01%. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analyst Ratings Changes

A number of brokerages have issued reports on COLD. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their price target for the stock from $26.00 to $21.00 in a report on Wednesday, April 9th. Citigroup lowered their price target on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Friday, March 21st. Finally, Scotiabank cut their price objective on shares of Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a report on Thursday, April 10th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Company Profile

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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