International Assets Investment Management LLC Takes $3.17 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

International Assets Investment Management LLC purchased a new stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 95,940 shares of the company's stock, valued at approximately $3,169,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Americold Realty Trust in the 4th quarter worth approximately $441,452,000. FMR LLC grew its holdings in shares of Americold Realty Trust by 76,044.2% in the third quarter. FMR LLC now owns 6,243,067 shares of the company's stock valued at $189,852,000 after purchasing an additional 6,234,868 shares in the last quarter. Capital Research Global Investors increased its position in Americold Realty Trust by 30.4% during the first quarter. Capital Research Global Investors now owns 8,724,508 shares of the company's stock valued at $243,239,000 after acquiring an additional 2,034,178 shares during the last quarter. State Street Corp increased its position in Americold Realty Trust by 17.1% during the first quarter. State Street Corp now owns 11,546,934 shares of the company's stock valued at $324,412,000 after acquiring an additional 1,685,692 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in Americold Realty Trust during the third quarter valued at $40,526,000. Hedge funds and other institutional investors own 98.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on COLD shares. Raymond James upgraded 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. Truist Financial upgraded shares of Americold Realty Trust from a "hold" rating to a "buy" rating and upped their price target for the stock from $31.00 to $35.00 in a report on Tuesday, January 16th. Scotiabank started 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. 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. Finally, 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. Three 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.com, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and an average target price of $31.13.

Americold Realty Trust Stock Down 1.4 %

NYSE:COLD traded down $0.33 during mid-day trading on Thursday, reaching $22.72. The company's stock had a trading volume of 1,723,966 shares, compared to its average volume of 2,403,222. Americold Realty Trust, Inc. has a 1 year low of $22.59 and a 1 year high of $33.90. The stock has a fifty day moving average of $25.38 and a 200-day moving average of $27.30. The firm has a market capitalization of $6.45 billion, a PE ratio of -18.78, a price-to-earnings-growth ratio of 2.05 and a beta of 0.52. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.13.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust's dividend payout ratio (DPR) 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.