Van Lanschot Kempen Investment Management N.V. Buys 33,295 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Van Lanschot Kempen Investment Management N.V. lifted its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 652,483 shares of the company's stock after purchasing an additional 33,295 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 0.23% of Americold Realty Trust worth $13,963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in COLD. Norges Bank acquired a new position in Americold Realty Trust during the 4th quarter valued at about $478,674,000. Cohen & Steers Inc. boosted its stake in Americold Realty Trust by 16.3% during the fourth quarter. Cohen & Steers Inc. now owns 28,837,300 shares of the company's stock valued at $617,085,000 after buying an additional 4,049,374 shares during the period. Invesco Ltd. boosted its position in shares of Americold Realty Trust by 253.8% during the 4th quarter. Invesco Ltd. now owns 3,213,139 shares of the company's stock valued at $68,761,000 after acquiring an additional 2,304,867 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Americold Realty Trust by 132.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock worth $63,151,000 after buying an additional 1,678,949 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC lifted its position in Americold Realty Trust by 85.6% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 3,586,563 shares of the company's stock worth $76,752,000 after buying an additional 1,654,650 shares during the last quarter. 98.14% of the stock is owned by institutional investors.

Americold Realty Trust Trading Down 1.2 %

NYSE:COLD traded down $0.24 on Friday, reaching $19.91. The stock had a trading volume of 1,206,720 shares, compared to its average volume of 2,181,636. The company has a market cap of $5.66 billion, a price-to-earnings ratio of -58.56, a P/E/G ratio of 1.66 and a beta of 0.77. 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's fifty day moving average is $20.95 and its two-hundred day moving average is $22.22. Americold Realty Trust, Inc. has a 12-month low of $16.67 and a 12-month high of $30.45.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The business had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. Equities analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were given 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 yield of 4.62%. Americold Realty Trust's dividend payout ratio is -270.59%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on COLD. Scotiabank reduced their price target on shares of Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating on the stock in a research report on Thursday, April 10th. Citigroup decreased their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Finally, Barclays raised shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price objective for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust currently has an average 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.