Aristotle Capital Boston LLC Makes New Investment in Americold Realty Trust, Inc. (NYSE:COLD)

Aristotle Capital Boston LLC purchased a new stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 624,859 shares of the company's stock, valued at approximately $13,372,000. Aristotle Capital Boston LLC owned 0.22% of Americold Realty Trust as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of COLD. Brown Brothers Harriman & Co. bought a new position in shares of Americold Realty Trust during the fourth quarter valued at about $25,000. Venturi Wealth Management LLC increased its holdings in Americold Realty Trust by 1,081.4% during the 4th quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock valued at $48,000 after purchasing an additional 2,033 shares during the period. Vestcor Inc bought a new position in Americold Realty Trust during the 4th quarter valued at approximately $86,000. Aster Capital Management DIFC Ltd purchased a new stake in Americold Realty Trust in the 4th quarter worth approximately $86,000. Finally, Headlands Technologies LLC grew its position in shares of Americold Realty Trust by 2,681.3% in the 4th quarter. Headlands Technologies LLC now owns 4,311 shares of the company's stock worth $92,000 after buying an additional 4,156 shares during the last quarter. 98.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on COLD shares. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their price target for the company from $26.00 to $21.00 in a report on Wednesday, April 9th. Scotiabank cut their price objective on 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. Finally, Citigroup lowered 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. Two investment 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, Americold Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

Americold Realty Trust Stock Down 4.1 %

Shares of COLD stock traded down $0.75 during mid-day trading on Thursday, hitting $17.66. The company's stock had a trading volume of 4,169,629 shares, compared to its average volume of 2,223,133. 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, Inc. has a 52-week low of $16.60 and a 52-week high of $30.45. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of -51.94, a PEG ratio of 1.66 and a beta of 0.95. The business has a 50-day moving average price of $20.46 and a 200 day moving average price of $21.86.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. During the same quarter in the prior year, the firm posted $0.37 EPS. The company's quarterly revenue was down 5.4% on a year-over-year basis. Research analysts predict that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 5.21%. This is a boost 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 presently -270.59%.

Americold Realty Trust 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.