Boston Partners Sells 281,570 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Boston Partners lowered its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 79.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,337 shares of the company's stock after selling 281,570 shares during the quarter. Boston Partners' holdings in Americold Realty Trust were worth $2,159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in shares of Americold Realty Trust by 36,753.5% in the 4th quarter. Principal Financial Group Inc. now owns 7,818,833 shares of the company's stock valued at $236,676,000 after purchasing an additional 7,797,617 shares during the last quarter. FMR LLC raised its position in shares of Americold Realty Trust by 76,044.2% during the 3rd quarter. FMR LLC now owns 6,243,067 shares of the company's stock valued at $189,852,000 after acquiring an additional 6,234,868 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Americold Realty Trust by 9.8% in the 3rd quarter. Invesco Ltd. now owns 6,207,106 shares of the company's stock valued at $188,758,000 after purchasing an additional 552,287 shares during the period. Deutsche Bank AG boosted its position in shares of Americold Realty Trust by 0.3% in the 3rd quarter. Deutsche Bank AG now owns 4,451,713 shares of the company's stock worth $135,377,000 after purchasing an additional 11,973 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Americold Realty Trust by 4.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,066,285 shares of the company's stock worth $123,088,000 after purchasing an additional 170,479 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company's stock.

Wall Street Analysts Forecast Growth

COLD has been the topic of several analyst reports. Scotiabank assumed coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They issued a "sector perform" rating and a $27.00 target price on the stock. Raymond James raised shares of Americold Realty Trust from a "market perform" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Thursday, February 29th. Wells Fargo & Company began coverage on shares of Americold Realty Trust in a report on Thursday, April 25th. They issued an "equal weight" rating and a $24.00 target price on the stock. Barclays decreased their price target on shares of 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. Finally, KeyCorp dropped their price objective on Americold Realty Trust from $37.00 to $32.00 and set an "overweight" rating on the stock in a research note on Friday, March 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Americold Realty Trust currently has an average rating of "Moderate Buy" and a consensus target price of $30.33.

Americold Realty Trust Stock Up 2.5 %

Shares of Americold Realty Trust stock traded up $0.63 during trading on Friday, reaching $25.39. The stock had a trading volume of 3,606,032 shares, compared to its average volume of 2,101,147. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of -21.70, a P/E/G ratio of 2.18 and a beta of 0.54. The stock has a fifty day moving average price of $23.90 and a two-hundred day moving average price of $26.62. Americold Realty Trust, Inc. has a 52 week low of $21.87 and a 52 week high of $33.90.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust's dividend payout ratio (DPR) is currently -75.21%.

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.