NTV Asset Management LLC Has $227,000 Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

NTV Asset Management LLC lessened its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 14.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,100 shares of the company’s stock after selling 1,500 shares during the quarter. NTV Asset Management LLC’s holdings in Americold Realty Trust were worth $227,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. VisionPoint Advisory Group LLC raised its position in Americold Realty Trust by 74.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after purchasing an additional 389 shares during the last quarter. GAMMA Investing LLC bought a new position in Americold Realty Trust in the 4th quarter valued at $50,000. Principal Securities Inc. bought a new position in Americold Realty Trust in the 4th quarter valued at $80,000. Signaturefd LLC raised its position in shares of Americold Realty Trust by 24.0% during the fourth quarter. Signaturefd LLC now owns 3,405 shares of the company’s stock worth $103,000 after acquiring an additional 659 shares during the last quarter. Finally, Norden Group LLC bought a new stake in shares of Americold Realty Trust during the first quarter worth $220,000. Institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on COLD. KeyCorp dropped their target price on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating for the company in a research report on Friday, March 22nd. Wells Fargo & Company initiated coverage on Americold Realty Trust in a research note on Thursday, April 25th. They set an “equal weight” rating and a $24.00 price objective for the company. JPMorgan Chase & Co. raised Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a research note on Wednesday, June 26th. Wolfe Research raised Americold Realty Trust from a “peer perform” rating to an “outperform” rating and set a $31.00 price objective for the company in a research note on Monday, July 1st. Finally, Scotiabank raised Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $27.00 to $30.00 in a research note on Thursday, May 23rd. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.60.

Americold Realty Trust Price Performance

Shares of COLD stock traded up $0.11 on Friday, hitting $27.27. 1,412,111 shares of the stock were exchanged, compared to its average volume of 1,597,776. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average of $25.56 and a 200 day moving average of $26.07. Americold Realty Trust, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $33.90.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.88 annualized dividend and a dividend yield of 3.23%. Americold Realty Trust’s dividend payout ratio is currently -75.21%.

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.