Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. increased its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 36,753.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,818,833 shares of the company's stock after acquiring an additional 7,797,617 shares during the quarter. Principal Financial Group Inc. owned about 2.76% of Americold Realty Trust worth $236,676,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC lifted its stake in Americold Realty Trust by 74.1% in 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. Vanguard Personalized Indexing Management LLC boosted its stake in Americold Realty Trust by 5.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 8,542 shares of the company's stock worth $260,000 after buying an additional 423 shares during the last quarter. Capital Square LLC boosted its stake in Americold Realty Trust by 1.2% during the fourth quarter. Capital Square LLC now owns 42,595 shares of the company's stock worth $1,289,000 after buying an additional 511 shares during the last quarter. Amalgamated Bank grew its holdings in Americold Realty Trust by 1.3% in the 3rd quarter. Amalgamated Bank now owns 41,213 shares of the company's stock valued at $1,253,000 after buying an additional 515 shares in the last quarter. Finally, 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 worth $84,000 after acquiring an additional 528 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Trading Up 5.2 %

NYSE COLD traded up $1.20 on Friday, reaching $24.14. The stock had a trading volume of 5,511,943 shares, compared to its average volume of 1,862,952. 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 has a fifty day moving average price of $24.06 and a two-hundred day moving average price of $26.68. Americold Realty Trust, Inc. has a 12-month low of $21.87 and a 12-month high of $33.90. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of -20.63, a P/E/G ratio of 2.13 and a beta of 0.54.

Americold Realty Trust Announces Dividend

The company 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. The ex-dividend date was Wednesday, March 27th. This represents a $0.88 annualized dividend and a dividend yield of 3.65%. Americold Realty Trust's dividend payout ratio is presently -75.21%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Barclays lowered 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 research report on Wednesday, March 27th. Wells Fargo & Company initiated coverage on shares of Americold Realty Trust in a research note on Thursday, April 25th. They issued an "equal weight" rating and a $24.00 price target for the company. KeyCorp cut their price target on shares of Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, March 22nd. Raymond James upgraded Americold Realty Trust from a "market perform" rating to an "outperform" rating and set a $31.00 price objective on the stock in a report on Thursday, February 29th. Finally, Scotiabank started coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They set a "sector perform" rating and a $27.00 target price for the company. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average price target of $30.33.

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.