Americold Realty Trust, Inc. (NYSE:COLD) Stock Position Raised by New York Life Investment Management LLC

New York Life Investment Management LLC grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 671.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,920 shares of the company's stock after acquiring an additional 80,882 shares during the period. New York Life Investment Management LLC's holdings in Americold Realty Trust were worth $2,813,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC raised its stake in shares of Americold Realty Trust by 74.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company's stock valued at $28,000 after buying an additional 389 shares during the last quarter. Clearstead Advisors LLC purchased a new position in shares of Americold Realty Trust during the 3rd quarter valued at about $33,000. GAMMA Investing LLC purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at about $50,000. Signaturefd LLC increased its stake in shares of 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 in the last quarter. Finally, Cetera Trust Company N.A purchased a new position in shares of Americold Realty Trust in the 4th quarter valued at about $225,000. Institutional investors and hedge funds own 98.14% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Royal Bank of Canada cut their price target on Americold Realty Trust from $34.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday, February 28th. Scotiabank began coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They set a "sector perform" rating and a $27.00 price objective for the company. Truist Financial upgraded Americold Realty Trust from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. Raymond James upgraded Americold Realty Trust from a "market perform" rating to an "outperform" rating and set a $31.00 price objective for the company in a research note on Thursday, February 29th. Finally, Barclays cut their price objective on Americold Realty Trust from $32.00 to $25.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 27th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average price target of $30.33.

Americold Realty Trust Trading Down 0.7 %

COLD traded down $0.16 during trading hours on Monday, reaching $22.54. The company's stock had a trading volume of 1,427,929 shares, compared to its average volume of 2,284,673. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $33.90. The stock has a market cap of $6.40 billion, a PE ratio of -18.63, a P/E/G ratio of 2.00 and a beta of 0.54. The business's 50-day moving average is $24.24 and its 200-day moving average is $26.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust's dividend payout ratio is presently -72.73%.

Americold Realty Trust 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.