Aristotle Capital Boston LLC Invests $13.37 Million in Americold Realty Trust, Inc. (NYSE:COLD)

Aristotle Capital Boston LLC purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 hedge funds also recently made changes to their positions in the stock. Cohen & Steers Inc. lifted its holdings in shares of Americold Realty Trust by 16.3% during the 4th 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 in the last quarter. Norges Bank acquired a new position in shares of Americold Realty Trust during the fourth quarter worth about $478,674,000. FMR LLC lifted its stake in shares of Americold Realty Trust by 0.9% during the fourth quarter. FMR LLC now owns 13,382,883 shares of the company's stock worth $286,394,000 after purchasing an additional 121,452 shares in the last quarter. PGGM Investments boosted its position 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 worth $118,961,000 after buying an additional 655,782 shares during the period. Finally, Geode Capital Management LLC grew 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 buying an additional 22,163 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

Americold Realty Trust Stock Performance

Shares of COLD stock traded down $0.50 on Tuesday, hitting $18.22. 2,944,238 shares of the stock traded hands, compared to its average volume of 2,210,641. The company's fifty day moving average is $20.55 and its 200 day moving average is $21.89. Americold Realty Trust, Inc. has a 1-year low of $16.67 and a 1-year high of $30.45. The company has a market capitalization of $5.19 billion, a PE ratio of -53.59, a PEG ratio of 1.66 and a beta of 0.95. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its earnings results 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 net margin of 3.54% and a negative return on equity of 2.70%. The company had revenue of $666.44 million for the quarter, compared to analysts' expectations of $684.03 million. On average, equities research analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were paid a $0.23 dividend. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date was Friday, March 28th. Americold Realty Trust's payout ratio is presently -270.59%.

Analysts Set New Price Targets

COLD has been the topic of a number of analyst reports. Scotiabank dropped 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 research note on Thursday, April 10th. Citigroup decreased their price objective on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Finally, Barclays upgraded Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Americold Realty Trust presently has an average rating of "Moderate Buy" and a consensus target price 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.