475,149 Shares in AmeriCold Realty Trust (COLD) Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC purchased a new position in shares of AmeriCold Realty Trust (NYSE:COLD) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 475,149 shares of the company’s stock, valued at approximately $9,066,000.

Several other large investors also recently bought and sold shares of COLD. Wells Fargo & Company MN acquired a new position in shares of AmeriCold Realty Trust during the 1st quarter worth approximately $596,000. Rhumbline Advisers acquired a new position in shares of AmeriCold Realty Trust during the 1st quarter worth approximately $1,066,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in shares of AmeriCold Realty Trust during the 1st quarter worth approximately $146,000. Sarasin & Partners LLP acquired a new position in shares of AmeriCold Realty Trust during the 1st quarter worth approximately $4,141,000. Finally, Manning & Napier Group LLC acquired a new position in shares of AmeriCold Realty Trust during the 1st quarter worth approximately $1,825,000. 62.92% of the stock is currently owned by hedge funds and other institutional investors.

AmeriCold Realty Trust opened at $21.70 on Thursday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.25 and a quick ratio of 0.25. AmeriCold Realty Trust has a 1-year low of $16.13 and a 1-year high of $23.54.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 16th. Investors of record on Friday, June 29th will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Thursday, June 28th.

Several research analysts have weighed in on the company. Zacks Investment Research lowered AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, June 7th. Raymond James initiated coverage on AmeriCold Realty Trust in a report on Wednesday, May 9th. They set an “outperform” rating and a $22.50 target price on the stock. Robert W. Baird reissued a “buy” rating and set a $22.00 target price on shares of AmeriCold Realty Trust in a report on Thursday, April 12th. Goldman Sachs Group initiated coverage on AmeriCold Realty Trust in a report on Monday, March 12th. They set a “neutral” rating and a $19.50 target price on the stock. Finally, ValuEngine lowered AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. AmeriCold Realty Trust has an average rating of “Buy” and a consensus price target of $21.00.

AmeriCold Realty Trust Profile

Americold is the world's largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 158 temperature-controlled warehouses, with approximately 934 million cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.

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Institutional Ownership by Quarter for AmeriCold Realty Trust (NYSE:COLD)

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