Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC lessened its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 6.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,153,775 shares of the company's stock after selling 73,044 shares during the period. Anchor Capital Advisors LLC owned about 0.41% of Americold Realty Trust worth $34,925,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. VisionPoint Advisory Group LLC raised its stake in shares of 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 purchased a new position in Americold Realty Trust during the third quarter valued at approximately $33,000. GAMMA Investing LLC bought a new position in shares of Americold Realty Trust in the fourth quarter worth approximately $50,000. Signaturefd LLC increased 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, Cetera Trust Company N.A bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at $225,000. Hedge funds and other institutional investors own 98.14% of the company's stock.

Americold Realty Trust Price Performance

COLD traded up $0.15 during trading hours on Monday, hitting $22.39. The company's stock had a trading volume of 1,416,873 shares, compared to its average volume of 2,317,889. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of -18.50, a P/E/G ratio of 1.96 and a beta of 0.52. The business's 50-day moving average price is $24.69 and its 200-day moving average price is $26.95. 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 12 month low of $22.22 and a 12 month high of $33.90.

Americold Realty Trust Announces Dividend

The firm 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 3.93%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust's dividend payout ratio is -72.73%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. 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. Royal Bank of Canada lowered their price target on Americold Realty Trust from $34.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 28th. Truist Financial upgraded 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 research note on Tuesday, January 16th. Wells Fargo & Company began coverage on shares of Americold Realty Trust in a research report on Thursday. They set an "equal weight" rating and a $24.00 price objective on the stock. Finally, KeyCorp lowered their target price 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. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Americold Realty Trust presently has an average rating of "Moderate Buy" and a consensus target price of $30.33.

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.