Aew Capital Management L P Purchases 383,770 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Aew Capital Management L P lifted its position in Americold Realty Trust, Inc. (NYSE:COLD) by 157.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 627,497 shares of the company’s stock after acquiring an additional 383,770 shares during the period. Aew Capital Management L P owned 0.22% of Americold Realty Trust worth $18,994,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. VisionPoint Advisory Group LLC raised its position in shares of 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 acquiring an additional 389 shares in the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Americold Realty Trust in the 3rd quarter worth approximately $33,000. GAMMA Investing LLC purchased a new stake in shares of Americold Realty Trust in the 4th quarter worth approximately $50,000. Signaturefd LLC grew 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 buying an additional 528 shares during the last quarter. Finally, Cetera Trust Company N.A purchased a new stake in shares of Americold Realty Trust in the 4th quarter worth approximately $225,000. Institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on COLD shares. Truist Financial upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. Wells Fargo & Company started coverage on Americold Realty Trust in a research note on Thursday. They issued an “equal weight” rating and a $24.00 price target on the stock. Barclays cut their target price on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 27th. Raymond James upgraded Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 target price on the stock in a research note on Thursday, February 29th. Finally, Royal Bank of Canada cut their target price on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Americold Realty Trust Stock Performance

Shares of COLD stock traded down $0.08 on Friday, reaching $22.25. The stock had a trading volume of 1,616,858 shares, compared to its average volume of 2,328,277. The stock has a market cap of $6.32 billion, a P/E ratio of -18.38, a price-to-earnings-growth ratio of 1.99 and a beta of 0.52. Americold Realty Trust, Inc. has a 1 year low of $22.22 and a 1 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. The company has a 50 day simple moving average of $24.89 and a 200 day simple moving average of $27.07.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.96%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -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.