Capital Advisors Ltd. LLC Sells 794 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Capital Advisors Ltd. LLC decreased its position in Americold Realty Trust, Inc. (NYSE:COLD) by 45.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 940 shares of the company’s stock after selling 794 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Americold Realty Trust were worth $28,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of COLD. VisionPoint Advisory Group LLC lifted its position in Americold Realty Trust by 74.1% in 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 during the last quarter. Clearstead Advisors LLC purchased a new stake in Americold Realty Trust in the third quarter valued at approximately $33,000. GAMMA Investing LLC purchased a new position in Americold Realty Trust in the 4th quarter worth approximately $50,000. Signaturefd LLC increased its holdings in shares of Americold Realty Trust by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,746 shares of the company’s stock valued at $84,000 after acquiring an additional 528 shares during the last quarter. Finally, Cetera Trust Company N.A bought a new position in Americold Realty Trust in the 4th quarter worth approximately $225,000. Institutional investors own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on COLD. KeyCorp decreased their target price on shares of 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. Raymond James raised shares of Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target on the stock in a research report on Thursday, February 29th. Truist Financial upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $31.00 to $35.00 in a research note on Tuesday, January 16th. Royal Bank of Canada dropped their price target on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. Finally, Wells Fargo & Company initiated coverage on shares of Americold Realty Trust in a research report on Thursday. They issued an “equal weight” rating and a $24.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Americold Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $30.33.

Americold Realty Trust Stock Up 0.0 %

NYSE:COLD traded up $0.01 during trading hours on Thursday, hitting $22.53. The company’s stock had a trading volume of 401,435 shares, compared to its average volume of 2,325,342. 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, Inc. has a 52-week low of $22.22 and a 52-week high of $33.90. The stock has a fifty day moving average of $24.99 and a 200-day moving average of $27.10. The stock has a market capitalization of $6.40 billion, a P/E ratio of -18.61, a price-to-earnings-growth ratio of 2.01 and a beta of 0.52.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.91%. The ex-dividend date was Wednesday, March 27th. Americold Realty Trust’s dividend payout ratio (DPR) is -72.73%.

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.