Cambiar Investors LLC Purchases 61,119 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Cambiar Investors LLC boosted its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 18.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 388,563 shares of the company's stock after buying an additional 61,119 shares during the period. Cambiar Investors LLC owned 0.14% of Americold Realty Trust worth $11,762,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC increased its position in Americold Realty Trust by 74.1% in the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company's stock worth $28,000 after buying an additional 389 shares during the period. Clearstead Advisors LLC bought a new position in shares of Americold Realty Trust in the third quarter worth $33,000. Quarry LP bought a new position in shares of Americold Realty Trust in the first quarter worth $34,000. Signaturefd LLC grew its stake in shares of Americold Realty Trust by 23.8% in the third quarter. Signaturefd LLC now owns 2,746 shares of the company's stock worth $84,000 after purchasing an additional 528 shares in the last quarter. Finally, Lazard Asset Management LLC grew its stake in shares of Americold Realty Trust by 185.7% in the fourth quarter. Lazard Asset Management LLC now owns 3,083 shares of the company's stock worth $87,000 after purchasing an additional 2,004 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

COLD stock traded down $0.11 during trading hours on Friday, hitting $23.67. 1,624,231 shares of the stock traded hands, compared to its average volume of 2,270,878. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.13. Americold Realty Trust, Inc. has a one year low of $23.47 and a one year high of $33.90. The company has a market cap of $6.72 billion, a P/E ratio of -19.56, a P/E/G ratio of 2.05 and a beta of 0.52. The stock has a 50-day simple moving average of $26.14 and a 200 day simple moving average of $27.71.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be given a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.72%. Americold Realty Trust's dividend payout ratio (DPR) is -72.73%.

Analyst Upgrades and Downgrades

COLD has been the subject of several recent analyst reports. Raymond James raised Americold Realty Trust from a "market perform" rating to an "outperform" rating and set a $31.00 price target for the company in a research note on Thursday, February 29th. Truist Financial raised Americold Realty Trust from a "hold" rating to a "buy" rating and increased their price target for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. KeyCorp decreased their price target on Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating for the company in a research note on Friday, March 22nd. Scotiabank began coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They issued a "sector perform" rating and a $27.00 price target for the company. Finally, Royal Bank of Canada decreased their target price on Americold Realty Trust from $34.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 28th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $31.13.

About Americold Realty Trust

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.