Strs Ohio Sells 310,182 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Strs Ohio cut its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 62.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 189,736 shares of the company's stock after selling 310,182 shares during the period. Strs Ohio owned about 0.07% of Americold Realty Trust worth $5,743,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. 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 acquired a new stake in shares of Americold Realty Trust in the 3rd quarter worth about $33,000. Quarry LP bought a new stake in Americold Realty Trust in the 1st quarter valued at about $34,000. Signaturefd LLC lifted its position in Americold Realty Trust by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,746 shares of the company's stock valued at $84,000 after purchasing an additional 528 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Americold Realty Trust by 185.7% during the 4th quarter. Lazard Asset Management LLC now owns 3,083 shares of the company's stock valued at $87,000 after purchasing an additional 2,004 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of recent analyst reports. Barclays cut their price target on 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. KeyCorp reduced their price target on Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating for the company in a research 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. Truist Financial raised shares of Americold Realty Trust from a "hold" rating to a "buy" rating and upped their price objective for the stock from $31.00 to $35.00 in a report on Tuesday, January 16th. Finally, Royal Bank of Canada decreased their target price on shares of Americold Realty Trust from $34.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Americold Realty Trust has an average rating of "Moderate Buy" and an average price target of $31.13.

Americold Realty Trust Price Performance

Americold Realty Trust stock traded up $0.11 during midday trading on Friday, hitting $22.84. The company's stock had a trading volume of 1,402,314 shares, compared to its average volume of 2,390,055. Americold Realty Trust, Inc. has a 12 month low of $22.59 and a 12 month high of $33.90. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.13. The stock's 50-day moving average price is $25.27 and its 200-day moving average price is $27.25. The company has a market capitalization of $6.49 billion, a PE ratio of -18.88, a price-to-earnings-growth ratio of 2.03 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend was Wednesday, March 27th. 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.