Vanguard Group Inc. Has $810.97 Million Position in Americold Realty Trust Inc. (NYSE:COLD)

Vanguard Group Inc. trimmed its position in Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 0.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,789,708 shares of the company's stock after selling 257,889 shares during the quarter. Vanguard Group Inc. owned approximately 13.27% of Americold Realty Trust worth $810,967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of Americold Realty Trust in the fourth quarter worth about $980,000. Teacher Retirement System of Texas boosted its holdings in shares of Americold Realty Trust by 270.7% in the first quarter. Teacher Retirement System of Texas now owns 104,330 shares of the company's stock worth $2,239,000 after buying an additional 76,183 shares during the period. Chilton Capital Management LLC boosted its holdings in shares of Americold Realty Trust by 12.1% in the first quarter. Chilton Capital Management LLC now owns 553,751 shares of the company's stock worth $11,997,000 after buying an additional 59,720 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Americold Realty Trust by 7.2% in 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. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Americold Realty Trust by 2.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,573,754 shares of the company's stock worth $55,233,000 after purchasing an additional 51,548 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

COLD has been the subject of a number of research analyst reports. Barclays reduced their price target on shares of Americold Realty Trust from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, July 21st. JPMorgan Chase & Co. lowered shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $24.00 to $21.00 in a research report on Monday, June 23rd. Wall Street Zen raised shares of Americold Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. KeyCorp reduced their price target on shares of Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating for the company in a research report on Tuesday, July 1st. Finally, Wells Fargo & Company reduced their price target on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Americold Realty Trust currently has an average rating of "Moderate Buy" and an average target price of $23.58.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD traded down $0.21 during trading on Thursday, reaching $14.77. The stock had a trading volume of 2,649,644 shares, compared to its average volume of 3,975,105. Americold Realty Trust Inc. has a 52 week low of $14.23 and a 52 week high of $29.79. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 10.55, a P/E/G ratio of 4.63 and a beta of 0.81. The company has a quick ratio of 0.13, a current ratio of 0.12 and a debt-to-equity ratio of 0.13. The stock has a fifty day simple moving average of $16.43 and a two-hundred day simple moving average of $18.82.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly 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 net margin of 2.09% and a negative return on equity of 1.68%. The company had revenue of $650.75 million for the quarter, compared to analyst estimates of $644.95 million. During the same quarter last year, the firm posted $0.38 earnings per share. The company's quarterly revenue was down 1.5% compared to the same quarter last year. As a group, analysts anticipate that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

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

Americold Realty Trust 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.