American Assets Capital Advisers LLC Has $4.91 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

American Assets Capital Advisers LLC decreased its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 8.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 229,271 shares of the company’s stock after selling 21,128 shares during the period. Americold Realty Trust makes up 1.6% of American Assets Capital Advisers LLC’s portfolio, making the stock its 19th biggest position. American Assets Capital Advisers LLC’s holdings in Americold Realty Trust were worth $4,906,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. increased its stake in Americold Realty Trust by 9.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock valued at $39,936,000 after acquiring an additional 123,776 shares during the period. Y Intercept Hong Kong Ltd grew its stake in shares of Americold Realty Trust by 139.3% in the 4th 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 period. Charles Schwab Investment Management Inc. raised its holdings in shares of Americold Realty Trust by 4.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock worth $110,255,000 after buying an additional 165,667 shares in the last quarter. TCW Group Inc. lifted its position in shares of Americold Realty Trust by 21.6% during the 4th quarter. TCW Group Inc. now owns 80,892 shares of the company’s stock worth $1,731,000 after buying an additional 14,386 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Americold Realty Trust by 48.1% in the 4th quarter. SG Americas Securities LLC now owns 53,236 shares of the company’s stock valued at $1,139,000 after buying an additional 17,295 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Truist Financial dropped their price objective on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Scotiabank increased their target price on shares of Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 10th. Barclays reduced their price target on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Raymond James dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, December 11th. Finally, Citigroup reduced their target price on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, December 4th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $29.25.

Americold Realty Trust Trading Up 3.1 %

COLD stock opened at $21.39 on Friday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a twelve month low of $20.41 and a twelve month high of $30.45. The company has a market cap of $6.08 billion, a P/E ratio of -62.90, a PEG ratio of 1.66 and a beta of 0.57. The business has a fifty day moving average of $21.73 and a 200-day moving average of $24.04.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.27. The firm had revenue of $666.44 million during the quarter, compared to analysts’ expectations of $684.03 million. Americold Realty Trust had a negative return on equity of 2.70% and a negative net margin of 3.54%. As a group, equities research analysts expect that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.22 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 4.12%. Americold Realty Trust’s payout ratio is presently -258.82%.

Americold Realty Trust Profile

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.