Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. cut its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,588,691 shares of the company's stock after selling 741,111 shares during the quarter. Americold Realty Trust makes up approximately 1.4% of Daiwa Securities Group Inc.'s holdings, making the stock its 20th biggest holding. Daiwa Securities Group Inc. owned about 2.68% of Americold Realty Trust worth $229,710,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of COLD. Asset Management One Co. Ltd. increased its holdings in Americold Realty Trust by 21.8% during the fourth quarter. Asset Management One Co. Ltd. now owns 481,328 shares of the company's stock valued at $14,719,000 after buying an additional 86,136 shares during the period. Johnson Investment Counsel Inc. increased its holdings in Americold Realty Trust by 5.5% during the third quarter. Johnson Investment Counsel Inc. now owns 37,000 shares of the company's stock valued at $1,125,000 after buying an additional 1,941 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Americold Realty Trust by 14.9% during the third quarter. Public Employees Retirement System of Ohio now owns 555,543 shares of the company's stock valued at $16,894,000 after buying an additional 72,197 shares during the period. Envestnet Asset Management Inc. grew its holdings in Americold Realty Trust by 56.7% in the third quarter. Envestnet Asset Management Inc. now owns 924,083 shares of the company's stock worth $28,101,000 after purchasing an additional 334,449 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Americold Realty Trust by 329.7% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 51,497 shares of the company's stock worth $1,566,000 after purchasing an additional 39,512 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on COLD. Raymond James raised shares of 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. KeyCorp cut their price target on shares of Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating on the stock in a report on Friday, March 22nd. Scotiabank began coverage on shares of Americold Realty Trust in a report on Wednesday, March 27th. They issued a "sector perform" rating and a $27.00 price target on the stock. Barclays cut their price target on shares of Americold Realty Trust from $32.00 to $25.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 27th. Finally, Royal Bank of Canada cut 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 research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $31.13.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD traded down $0.23 on Wednesday, hitting $23.06. 2,703,991 shares of the company were exchanged, compared to its average volume of 2,412,403. Americold Realty Trust, Inc. has a 1-year low of $22.59 and a 1-year high of $33.90. The stock's 50 day moving average price is $25.48 and its 200 day moving average price is $27.33. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $6.55 billion, a P/E ratio of -19.05, a price-to-earnings-growth ratio of 2.07 and a beta of 0.52.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 3.82%. Americold Realty Trust's dividend payout ratio is presently -72.73%.

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.