Values First Advisors Inc. Buys Shares of 17,470 Americold Realty Trust, Inc. (NYSE:COLD)

Values First Advisors Inc. acquired a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 17,470 shares of the company’s stock, valued at approximately $529,000.

Several other large investors have also modified their holdings of the stock. Covestor Ltd increased its position in Americold Realty Trust by 155.1% during the 2nd quarter. Covestor Ltd now owns 824 shares of the company’s stock worth $27,000 after purchasing an additional 501 shares in the last quarter. VisionPoint Advisory Group LLC grew its position in Americold Realty Trust by 74.1% in the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after acquiring an additional 389 shares in the last quarter. Clearstead Advisors LLC acquired a new stake in Americold Realty Trust in the third quarter valued at approximately $33,000. Quarry LP acquired a new stake in Americold Realty Trust in the first quarter valued at approximately $34,000. Finally, Pinebridge Investments L.P. acquired a new stake in Americold Realty Trust in the second quarter valued at approximately $38,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

COLD stock traded up $0.15 during trading on Thursday, hitting $24.92. The company had a trading volume of 2,377,306 shares, compared to its average volume of 2,483,371. The firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of -20.59, a P/E/G ratio of 2.13 and a beta of 0.53. The business has a 50 day moving average of $26.71 and a 200 day moving average of $28.13. Americold Realty Trust, Inc. has a fifty-two week low of $24.31 and a fifty-two week high of $33.90. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.13.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, March 27th. Americold Realty Trust’s payout ratio is currently -72.73%.

Analysts Set New Price Targets

COLD has been the subject of a number of recent analyst reports. Barclays decreased 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 research report on Wednesday. JPMorgan Chase & Co. reduced their price objective on Americold Realty Trust from $34.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, December 1st. Scotiabank began coverage on Americold Realty Trust in a research note on Wednesday. They set a “sector perform” rating and a $27.00 price objective on the stock. 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, Truist Financial upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $31.00 to $35.00 in a research note on Tuesday, January 16th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $31.13.

About Americold Realty Trust

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.