Charles Schwab Investment Management Inc. Purchases 73,856 Shares of Americold Realty Trust Inc. (NYSE:COLD)

Charles Schwab Investment Management Inc. raised its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,229,542 shares of the company's stock after acquiring an additional 73,856 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.49% of Americold Realty Trust worth $90,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of COLD. LPL Financial LLC boosted its stake in shares of Americold Realty Trust by 36.6% during the 4th quarter. LPL Financial LLC now owns 57,300 shares of the company's stock worth $1,226,000 after acquiring an additional 15,339 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Americold Realty Trust by 7.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 857,571 shares of the company's stock valued at $18,352,000 after buying an additional 57,248 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Americold Realty Trust by 253.8% during the 4th quarter. Invesco Ltd. now owns 3,213,139 shares of the company's stock valued at $68,761,000 after buying an additional 2,304,867 shares in the last quarter. Bank of Nova Scotia purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at $328,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at $980,000. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Price Performance

Shares of Americold Realty Trust stock traded down $0.21 during trading hours on Thursday, reaching $14.77. The company's stock had a trading volume of 2,649,644 shares, compared to its average volume of 3,975,105. The firm has a 50 day moving average price of $16.43 and a 200-day moving average price of $18.82. Americold Realty Trust Inc. has a one year low of $14.23 and a one year high of $29.79. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.12 and a quick ratio of 0.13. The stock has a market cap of $4.21 billion, a P/E ratio of 10.55, a P/E/G ratio of 4.63 and a beta of 0.81.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The firm had revenue of $650.75 million for the quarter, compared to the consensus estimate of $644.95 million. During the same period in the previous year, the firm posted $0.38 EPS. The business's quarterly revenue was down 1.5% on a year-over-year basis. On average, analysts predict that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.23 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. Americold Realty Trust's payout ratio is -484.21%.

Analyst Ratings Changes

COLD has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Americold Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Robert W. Baird set a $19.00 target price on shares of Americold Realty Trust and gave the company an "outperform" rating in a research note on Wednesday. Wells Fargo & Company lowered their target price on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Monday, May 19th. JPMorgan Chase & Co. cut shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $24.00 to $21.00 in a research note on Monday, June 23rd. Finally, BNP Paribas Exane cut shares of Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 target price on the stock. in a research note on Thursday, June 12th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $23.58.

About Americold Realty Trust

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.