Americold Realty Trust Inc. (NYSE:COLD) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,229,542 shares of the company's stock after purchasing an additional 73,856 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.49% of Americold Realty Trust worth $90,766,000 at the end of the most recent reporting period.

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

Americold Realty Trust Stock Performance

Shares of NYSE COLD traded up $0.08 during trading hours on Friday, reaching $14.86. The stock had a trading volume of 1,940,891 shares, compared to its average volume of 3,937,595. The firm has a 50-day moving average of $16.38 and a 200-day moving average of $18.75. The company has a current ratio of 0.12, a quick ratio of 0.13 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of -78.21, a PEG ratio of 4.59 and a beta of 0.81. Americold Realty Trust Inc. has a fifty-two week low of $14.23 and a fifty-two week high of $29.79.

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

Americold Realty Trust Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently commented on COLD. Barclays dropped their price objective on Americold Realty Trust from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, July 21st. JPMorgan Chase & Co. lowered shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $24.00 to $21.00 in a research note on Monday, June 23rd. Robert W. Baird set a $19.00 target price on shares of Americold Realty Trust and gave the stock an "outperform" rating in a report on Wednesday. Scotiabank reiterated a "sector perform" rating and issued a $20.00 target price on shares of Americold Realty Trust in a research report on Thursday, May 15th. Finally, KeyCorp dropped their target price on shares of Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating on the stock in a report on Tuesday, July 1st. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.