Americold Realty Trust, Inc. (NYSE:COLD) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 857,571 shares of the company's stock after acquiring an additional 57,248 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.30% of Americold Realty Trust worth $18,352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in COLD. Brown Brothers Harriman & Co. purchased a new stake in Americold Realty Trust in the 4th quarter valued at about $25,000. Venturi Wealth Management LLC boosted its position in shares of Americold Realty Trust by 1,081.4% in the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company's stock worth $48,000 after acquiring an additional 2,033 shares during the last quarter. Vestcor Inc purchased a new stake in Americold Realty Trust in the fourth quarter valued at approximately $86,000. 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 purchasing an additional 4,156 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Americold Realty Trust by 3,946.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,868 shares of the company's stock worth $126,000 after purchasing an additional 5,723 shares during the period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COLD has been the subject of several research reports. Scotiabank lowered 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 note on Thursday, April 10th. Citigroup dropped their price target 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. Finally, Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and reduced their price objective for the company from $26.00 to $21.00 in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $28.00.

Americold Realty Trust Stock Up 3.1 %

Shares of COLD traded up $0.61 during mid-day trading on Friday, reaching $20.23. 1,866,429 shares of the stock traded hands, compared to its average volume of 2,180,172. The stock has a fifty day simple moving average of $21.12 and a 200 day simple moving average of $22.59. Americold Realty Trust, Inc. has a 12-month low of $16.67 and a 12-month 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. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of -59.48, 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 (EPS) for the quarter, topping the consensus estimate 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%. Sell-side analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current fiscal year.

Americold Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date was Friday, March 28th. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. 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.