104,459 Shares in Americold Realty Trust, Inc. (NYSE:COLD) Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. purchased a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 104,459 shares of the company's stock, valued at approximately $2,235,000.

Several other large investors have also bought and sold shares of COLD. Y Intercept Hong Kong Ltd raised its holdings in shares of Americold Realty Trust by 139.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 61,788 shares of the company's stock valued at $1,322,000 after purchasing an additional 35,973 shares during the last quarter. JPMorgan Chase & Co. grew its position in Americold Realty Trust by 132.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,951,001 shares of the company's stock worth $63,151,000 after purchasing an additional 1,678,949 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Americold Realty Trust by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,226,026 shares of the company's stock valued at $26,237,000 after buying an additional 29,580 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Americold Realty Trust by 6.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,155,686 shares of the company's stock worth $88,932,000 after buying an additional 255,632 shares in the last quarter. Finally, AGF Management Ltd. purchased a new position in shares of Americold Realty Trust in the 4th quarter worth approximately $2,326,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Performance

COLD stock traded down $0.03 during midday trading on Tuesday, reaching $19.42. 588,415 shares of the company's stock traded hands, compared to its average volume of 2,174,033. The firm has a market capitalization of $5.52 billion, a PE ratio of -57.05, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The company has a 50-day moving average price of $21.24 and a two-hundred day moving average price of $22.69. Americold Realty Trust, Inc. has a 52 week low of $16.67 and a 52 week high of $30.45. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. The company had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. As a group, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be given a $0.23 dividend. This is a positive change from Americold Realty Trust's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Friday, March 28th. Americold Realty Trust's dividend payout ratio (DPR) is -270.59%.

Analysts Set New Price Targets

A number of analysts recently commented on COLD shares. Scotiabank decreased their price target on Americold Realty Trust from $28.00 to $24.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 10th. Barclays raised Americold Realty Trust from an "equal weight" rating to an "overweight" rating and decreased their target price for the company from $26.00 to $21.00 in a research report on Wednesday, April 9th. Finally, Citigroup cut their price target on shares of Americold Realty Trust from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $28.00.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.