International Assets Investment Management LLC Buys Shares of 95,940 Americold Realty Trust, Inc. (NYSE:COLD)

International Assets Investment Management LLC purchased a new position in Americold Realty Trust, Inc. (NYSE:COLD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 95,940 shares of the company’s stock, valued at approximately $3,169,000.

A number of other large investors also recently bought and sold shares of COLD. VisionPoint Advisory Group LLC lifted its position in shares of Americold Realty Trust by 74.1% during the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock worth $28,000 after purchasing an additional 389 shares during the last quarter. Clearstead Advisors LLC bought a new stake in Americold Realty Trust during the 3rd quarter valued at about $33,000. Quarry LP bought a new stake in Americold Realty Trust during the 1st quarter valued at about $34,000. Signaturefd LLC grew its stake in 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 in the last quarter. Finally, Lazard Asset Management LLC grew its stake in Americold Realty Trust by 185.7% in the 4th quarter. Lazard Asset Management LLC now owns 3,083 shares of the company’s stock worth $87,000 after acquiring an additional 2,004 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on COLD shares. Raymond James upgraded Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Thursday, February 29th. Royal Bank of Canada dropped their price target on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 28th. Truist Financial raised shares of Americold Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. KeyCorp cut their target price on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. Finally, Barclays reduced 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. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Americold Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $31.13.

Americold Realty Trust Stock Performance

Shares of Americold Realty Trust stock opened at $23.06 on Thursday. The company has a market capitalization of $6.55 billion, a PE ratio of -19.05, a P/E/G ratio of 2.07 and a beta of 0.52. The company has a 50-day simple moving average of $25.48 and a two-hundred day simple moving average of $27.33. Americold Realty Trust, Inc. has a one year low of $22.59 and a one year high of $33.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.88 annualized dividend and a dividend yield of 3.82%. Americold Realty Trust’s dividend payout ratio (DPR) is presently -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.