AQR Capital Management LLC Has $10.82 Million Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

AQR Capital Management LLC trimmed its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 65.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 506,117 shares of the company's stock after selling 946,917 shares during the quarter. AQR Capital Management LLC owned 0.18% of Americold Realty Trust worth $10,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Cohen & Steers Inc. boosted its position 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 valued at $617,085,000 after acquiring an additional 4,049,374 shares during the period. Norges Bank acquired a new position in shares of Americold Realty Trust in the fourth quarter valued at $478,674,000. FMR LLC raised its stake in shares of Americold Realty Trust by 0.9% in the fourth 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 in the last quarter. PGGM Investments raised its stake in shares of Americold Realty Trust by 13.4% in the fourth quarter. PGGM Investments now owns 5,558,936 shares of the company's stock valued at $118,961,000 after purchasing an additional 655,782 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Americold Realty Trust by 0.5% in the fourth 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 in the last quarter. 98.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on COLD shares. Citigroup cut their target price on 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. Scotiabank cut their target price on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research note on Thursday, April 10th. Finally, Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the company from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $28.00.

Americold Realty Trust Price Performance

Shares of NYSE COLD traded down $0.16 during midday trading on Friday, reaching $17.18. 3,132,478 shares of the company traded hands, compared to its average volume of 2,217,608. The firm has a market cap of $4.89 billion, a PE ratio of -50.53, a PEG ratio of 1.66 and a beta of 0.95. The stock's 50-day simple moving average is $20.26 and its 200-day simple moving average is $21.67. Americold Realty Trust, Inc. has a 12 month low of $16.56 and a 12 month high of $30.45. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The company had revenue of $628.98 million for the quarter, compared to the consensus estimate of $667.18 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The firm's revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share. As a group, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, March 28th. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.36%. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

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.