Americold Realty Trust, Inc. (NYSE:COLD) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC increased its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 32.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,167 shares of the company’s stock after purchasing an additional 10,831 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Americold Realty Trust were worth $1,337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC boosted its stake in Americold Realty Trust by 74.1% during the third quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after buying an additional 389 shares in the last quarter. Clearstead Advisors LLC acquired a new position in shares of Americold Realty Trust in the 3rd quarter valued at $33,000. Signaturefd LLC increased its stake in Americold Realty Trust by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,746 shares of the company’s stock worth $84,000 after purchasing an additional 528 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Americold Realty Trust by 5.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 8,542 shares of the company’s stock worth $260,000 after buying an additional 423 shares during the period. Finally, Gallacher Capital Management LLC purchased a new stake in Americold Realty Trust during the third quarter valued at about $279,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $22.80 on Tuesday. Americold Realty Trust, Inc. has a one year low of $22.59 and a one year high of $33.90. The business’s 50-day moving average price is $25.27 and its two-hundred day moving average price is $27.23. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market capitalization of $6.48 billion, a P/E ratio of -18.84, a price-to-earnings-growth ratio of 2.02 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.22 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 3.86%. Americold Realty Trust’s dividend payout ratio is currently -72.73%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on COLD shares. Royal Bank of Canada dropped their target price on shares of Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 28th. Raymond James raised shares of 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. Scotiabank began coverage on Americold Realty Trust in a report on Wednesday, March 27th. They set a “sector perform” rating and a $27.00 price target on the stock. KeyCorp reduced their price objective on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, March 22nd. Finally, Barclays lowered their target price on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.