Swiss National Bank Has $16.12 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

Swiss National Bank lessened its holdings in Americold Realty Trust, Inc. (NYSE:COLD) by 10.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 532,600 shares of the company’s stock after selling 61,200 shares during the period. Swiss National Bank owned approximately 0.19% of Americold Realty Trust worth $16,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COLD. FMR LLC increased its position in shares of Americold Realty Trust by 76,044.2% during the 3rd quarter. FMR LLC now owns 6,243,067 shares of the company’s stock worth $189,852,000 after purchasing an additional 6,234,868 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Americold Realty Trust by 9.8% during the third quarter. Invesco Ltd. now owns 6,207,106 shares of the company’s stock worth $188,758,000 after purchasing an additional 552,287 shares during the last quarter. Deutsche Bank AG increased its position in Americold Realty Trust by 0.3% in the 3rd quarter. Deutsche Bank AG now owns 4,451,713 shares of the company’s stock valued at $135,377,000 after acquiring an additional 11,973 shares in the last quarter. Northern Trust Corp grew its stake in shares of Americold Realty Trust by 2.4% during the third quarter. Northern Trust Corp now owns 2,452,330 shares of the company’s stock valued at $74,575,000 after purchasing an additional 58,434 shares during the last quarter. Finally, William Blair Investment Management LLC increased its holdings in shares of Americold Realty Trust by 10.7% in the third quarter. William Blair Investment Management LLC now owns 1,697,021 shares of the company’s stock valued at $51,606,000 after purchasing an additional 164,286 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on COLD. Barclays lowered their target price on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 27th. Truist Financial upgraded shares of Americold Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $31.00 to $35.00 in a report on Tuesday, January 16th. KeyCorp cut their price objective on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd. Scotiabank started coverage on shares of Americold Realty Trust in a report on Wednesday, March 27th. They set a “sector perform” rating and a $27.00 target price on the stock. Finally, Royal Bank of Canada reduced their price target on shares of Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Americold Realty Trust has an average rating of “Moderate Buy” and an average target price of $30.33.

Americold Realty Trust Stock Performance

COLD opened at $22.94 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17. The business’s 50-day simple moving average is $24.10 and its 200 day simple moving average is $26.68. The firm has a market capitalization of $6.52 billion, a PE ratio of -18.96, a PEG ratio of 2.00 and a beta of 0.54. Americold Realty Trust, Inc. has a 52-week low of $21.87 and a 52-week high of $33.90.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust’s payout ratio is presently -72.73%.

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 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.