Charles Schwab Investment Management Inc. grew its stake in Americold Realty Trust, Inc. (NYSE:COLD – Free Report) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,324,948 shares of the company’s stock after buying an additional 16,401 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.23% of Americold Realty Trust worth $107,396,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Toronto Dominion Bank boosted its stake in shares of Americold Realty Trust by 1.4% in the 1st quarter. Toronto Dominion Bank now owns 29,112 shares of the company’s stock valued at $828,000 after purchasing an additional 402 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Americold Realty Trust by 1.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 29,693 shares of the company’s stock valued at $851,000 after purchasing an additional 508 shares in the last quarter. Blair William & Co. IL boosted its stake in shares of Americold Realty Trust by 0.5% in the 1st quarter. Blair William & Co. IL now owns 114,187 shares of the company’s stock valued at $3,249,000 after purchasing an additional 579 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Americold Realty Trust by 7.0% in the 4th quarter. Captrust Financial Advisors now owns 9,585 shares of the company’s stock valued at $271,000 after purchasing an additional 623 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC raised its holdings in Americold Realty Trust by 3.8% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 17,150 shares of the company’s stock valued at $554,000 after buying an additional 631 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on COLD. Barclays upped their price target on shares of Americold Realty Trust from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, August 25th. Evercore ISI lowered their price target on shares of Americold Realty Trust from $37.00 to $35.00 in a report on Monday, October 9th. Finally, Royal Bank of Canada lowered their price target on shares of Americold Realty Trust from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Tuesday, November 7th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.33.
Americold Realty Trust Stock Up 2.4 %
Shares of NYSE COLD opened at $28.04 on Tuesday. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a 12 month low of $24.31 and a 12 month high of $33.90. The firm has a market capitalization of $7.95 billion, a PE ratio of -70.10, a price-to-earnings-growth ratio of 1.68 and a beta of 0.57. The firm has a fifty day simple moving average of $28.54 and a two-hundred day simple moving average of $30.47.
Americold Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, September 29th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Thursday, September 28th. Americold Realty Trust’s dividend payout ratio is presently -220.00%.
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 243 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.
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