Americold Realty Trust (NYSE:COLD) Hits New 52-Week Low at $22.51

Shares of Americold Realty Trust, Inc. (NYSE:COLD - Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $22.51 and last traded at $22.59, with a volume of 104317 shares trading hands. The stock had previously closed at $22.79.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. KeyCorp dropped their target price on shares of Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, March 22nd. Raymond James raised Americold Realty Trust from a "market perform" rating to an "outperform" rating and set a $31.00 price target on the stock in a report on Thursday, February 29th. Barclays cut their price objective on shares of Americold Realty Trust from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Wednesday, March 27th. Truist Financial raised shares of Americold Realty Trust from a "hold" rating to a "buy" rating and boosted their target price for the stock from $31.00 to $35.00 in a report on Tuesday, January 16th. Finally, Royal Bank of Canada reduced their price target on shares of Americold Realty Trust from $34.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $31.13.

Americold Realty Trust Trading Down 1.2 %

The company has a 50-day moving average of $25.09 and a 200 day moving average of $27.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market cap of $6.40 billion, a PE ratio of -18.67, a price-to-earnings-growth ratio of 2.01 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.91%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust's dividend payout ratio is currently -72.73%.

Institutional Investors Weigh In On Americold Realty Trust

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC raised its holdings in shares of Americold Realty Trust by 17.6% in the third quarter. SG Americas Securities LLC now owns 100,226 shares of the company's stock worth $3,048,000 after buying an additional 14,987 shares during the period. State of Alaska Department of Revenue increased its stake in Americold Realty Trust by 1.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 129,230 shares of the company's stock worth $3,929,000 after buying an additional 1,708 shares during the period. Avior Wealth Management LLC bought a new stake in Americold Realty Trust during the 3rd quarter valued at about $284,000. Boston Trust Walden Corp boosted its position in Americold Realty Trust by 6.6% in the 3rd quarter. Boston Trust Walden Corp now owns 784,227 shares of the company's stock valued at $23,848,000 after buying an additional 48,260 shares during the period. Finally, Oak Thistle LLC bought a new position in Americold Realty Trust in the 3rd quarter worth about $1,215,000. Institutional investors own 98.14% of the company's stock.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.