Canada Pension Plan Investment Board Has $6.10 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

Canada Pension Plan Investment Board boosted its position in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 19.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 285,200 shares of the company's stock after buying an additional 47,400 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.10% of Americold Realty Trust worth $6,103,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brown Brothers Harriman & Co. bought a new position in shares of Americold Realty Trust in the fourth quarter valued at $25,000. Venturi Wealth Management LLC increased its stake in shares of 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 worth $48,000 after purchasing an additional 2,033 shares during the last quarter. Vestcor Inc bought a new stake in shares of Americold Realty Trust in the 4th quarter valued at about $86,000. Aster Capital Management DIFC Ltd bought a new position in Americold Realty Trust during the fourth quarter worth about $86,000. Finally, Headlands Technologies LLC increased its position in Americold Realty Trust by 2,681.3% during the fourth 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 currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Citigroup reduced 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. Barclays upgraded shares of Americold Realty Trust from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Wednesday, April 9th. Finally, Scotiabank cut their price objective on shares of 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. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, Americold Realty Trust presently has a consensus rating of "Moderate Buy" and an average price target of $28.00.

Americold Realty Trust Price Performance

Shares of COLD traded down $0.24 during trading hours on Friday, hitting $19.91. 1,206,720 shares of the company were exchanged, 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 firm's fifty day moving average is $20.95 and its 200 day moving average is $22.22. Americold Realty Trust, Inc. has a fifty-two week low of $16.67 and a fifty-two week high of $30.45. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.27. The firm had revenue of $666.44 million for the quarter, compared to the consensus estimate of $684.03 million. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. On average, 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were given a dividend of $0.23 per share. This is an increase from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 4.62%. The ex-dividend date of this dividend was Friday, March 28th. Americold Realty Trust's payout ratio is currently -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.