Dimensional Fund Advisors LP Trims Position in Americold Realty Trust, Inc. (NYSE:COLD)

Dimensional Fund Advisors LP lessened its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,798,636 shares of the company's stock after selling 146,988 shares during the period. Dimensional Fund Advisors LP owned 1.34% of Americold Realty Trust worth $81,289,000 at the end of the most recent reporting period.

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

Americold Realty Trust Stock Up 1.3 %

COLD stock traded up $0.24 during midday trading on Friday, hitting $19.42. The company's stock had a trading volume of 2,163,991 shares, compared to its average volume of 2,196,309. Americold Realty Trust, Inc. has a 12 month low of $16.67 and a 12 month high of $30.45. The firm's 50-day moving average is $20.72 and its 200-day moving average is $22.04. 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 company has a market cap of $5.53 billion, a PE ratio of -57.12, a P/E/G ratio of 1.66 and a beta of 0.77.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly 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 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 analysts' expectations of $684.03 million. On average, equities research analysts forecast that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.74%. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, March 28th. Americold Realty Trust's dividend payout ratio is -270.59%.

Wall Street Analyst Weigh In

A number of research firms recently commented on COLD. Citigroup reduced their target price on Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Scotiabank lowered their price target on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 10th. Finally, Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their target price for the company 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 assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $28.00.

About Americold Realty Trust

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.