Americold Realty Trust, Inc. (NYSE:COLD) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 30.2% in the 4th quarter, Holdings Channel reports. The fund owned 220,059 shares of the company’s stock after acquiring an additional 51,002 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Americold Realty Trust were worth $4,709,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Assetmark Inc. grew its position in shares of Americold Realty Trust by 2,288.1% in the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after purchasing an additional 961 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in Americold Realty Trust by 1,081.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,221 shares of the company’s stock worth $48,000 after buying an additional 2,033 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in Americold Realty Trust in the 3rd quarter valued at $55,000. Blue Trust Inc. increased its stake in shares of Americold Realty Trust by 100.6% in the 4th quarter. Blue Trust Inc. now owns 7,783 shares of the company’s stock worth $167,000 after acquiring an additional 3,903 shares during the last quarter. Finally, Point72 DIFC Ltd increased its stake in shares of Americold Realty Trust by 405.7% in the 3rd quarter. Point72 DIFC Ltd now owns 7,226 shares of the company’s stock worth $204,000 after acquiring an additional 5,797 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Barclays dropped their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. Truist Financial dropped their price target on shares of 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 raised their price target on shares of Americold Realty Trust from $27.00 to $28.00 and gave the stock a “sector outperform” rating in a report on Monday, March 10th. Raymond James decreased their price objective on Americold Realty Trust from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Wednesday, December 11th. Finally, Citigroup cut their target price on Americold Realty Trust from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Americold Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Americold Realty Trust Price Performance

COLD stock opened at $21.39 on Friday. The business’s fifty day moving average price is $21.73 and its 200 day moving average price is $24.13. Americold Realty Trust, Inc. has a 12-month low of $20.41 and a 12-month high of $30.45. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $6.08 billion, a PE ratio of -62.90, a P/E/G ratio of 1.66 and a beta of 0.57.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27. Americold Realty Trust had a negative net margin of 3.54% and a negative return on equity of 2.70%. The company had revenue of $666.44 million for the quarter, compared to analyst estimates of $684.03 million. On average, sell-side analysts anticipate that Americold Realty Trust, Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

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

Americold Realty Trust Company 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.