Sumitomo Mitsui Trust Holdings Inc. Boosts Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Sumitomo Mitsui Trust Holdings Inc. boosted its position in Americold Realty Trust, Inc. (NYSE:COLD) by 11.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 472,254 shares of the company’s stock after buying an additional 49,386 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.17% of Americold Realty Trust worth $14,295,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC boosted its position in shares of Americold Realty Trust by 74.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock worth $28,000 after purchasing an additional 389 shares in the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Americold Realty Trust during the 3rd quarter worth $33,000. Signaturefd LLC boosted its position in shares of Americold Realty Trust by 23.8% during 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 boosted its position in shares of 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 purchasing an additional 423 shares in the last quarter. Finally, Gallacher Capital Management LLC purchased a new stake in shares of Americold Realty Trust during the 3rd quarter worth $279,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

COLD has been the topic of several research analyst reports. Raymond James upgraded 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 report on Thursday, February 29th. KeyCorp cut their price target 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. Barclays cut their price target 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 raised Americold Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the stock from $31.00 to $35.00 in a research note on Tuesday, January 16th. Finally, Scotiabank started coverage on Americold Realty Trust in a research note on Wednesday, March 27th. They set a “sector perform” rating and a $27.00 price target for the company. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $31.13.

Americold Realty Trust Trading Down 0.2 %

Shares of COLD stock opened at $22.80 on Tuesday. The firm has a 50-day moving average price of $25.27 and a 200 day moving average price of $27.23. Americold Realty Trust, Inc. has a twelve month low of $22.59 and a twelve month high of $33.90. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of -18.84, a PEG ratio of 2.02 and a beta of 0.52. 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 company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust’s payout ratio is -72.73%.

Americold Realty Trust Company 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.