Duff & Phelps Investment Management Co. Acquires New Shares in Americold Realty Trust, Inc. (NYSE:COLD)

Duff & Phelps Investment Management Co. purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,015,415 shares of the company's stock, valued at approximately $30,737,000. Duff & Phelps Investment Management Co. owned approximately 0.36% of Americold Realty Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. VisionPoint Advisory Group LLC grew its stake in Americold Realty Trust by 74.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company's stock worth $28,000 after purchasing an additional 389 shares in the last quarter. Clearstead Advisors LLC purchased a new position in shares of Americold Realty Trust in the 3rd quarter valued at about $33,000. GAMMA Investing LLC acquired a new position in shares of Americold Realty Trust during the fourth quarter worth about $50,000. Signaturefd LLC increased its stake in shares of Americold Realty Trust by 23.8% during the third quarter. Signaturefd LLC now owns 2,746 shares of the company's stock worth $84,000 after buying an additional 528 shares during the period. Finally, Cetera Trust Company N.A acquired a new stake in Americold Realty Trust in the fourth quarter valued at approximately $225,000. Hedge funds and other institutional investors own 98.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on COLD. Wells Fargo & Company began coverage on shares of Americold Realty Trust in a research report on Thursday, April 25th. They issued an "equal weight" rating and a $24.00 price objective on the stock. Royal Bank of Canada dropped their target price 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. Barclays decreased their price target on Americold Realty Trust from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Wednesday, March 27th. Scotiabank assumed coverage on Americold Realty Trust in a research report on Wednesday, March 27th. They set a "sector perform" rating and a $27.00 target price on the stock. Finally, KeyCorp lowered their price target on Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, March 22nd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and a consensus target price of $30.33.

Americold Realty Trust Stock Down 1.9 %

NYSE COLD traded down $0.42 during trading hours on Tuesday, hitting $21.97. The company had a trading volume of 1,925,571 shares, compared to its average volume of 2,313,162. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $33.90. The firm's 50 day moving average is $24.69 and its 200 day moving average is $26.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of -18.25, a P/E/G ratio of 1.96 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 4.01%. Americold Realty Trust's dividend payout ratio (DPR) is -72.73%.

Americold Realty Trust Company Profile

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.