Americold Realty Trust, Inc. (NYSE:COLD) Given Average Rating of “Moderate Buy” by Brokerages

Americold Realty Trust, Inc. (NYSE:COLD) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $30.33.

COLD has been the topic of several recent analyst reports. Royal Bank of Canada cut 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 report on Wednesday, February 28th. 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 report on Thursday, February 29th. Scotiabank initiated coverage on shares of Americold Realty Trust in a report on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 target price on the stock. Barclays cut their target price on shares of Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 27th. Finally, KeyCorp cut their target price on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd.

Institutional Trading of Americold Realty Trust

Large investors have recently added to or reduced their stakes in the stock. VisionPoint Advisory Group LLC boosted its holdings 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 acquiring an additional 389 shares in the last quarter. Clearstead Advisors LLC bought a new stake in shares of Americold Realty Trust during the 3rd quarter valued at $33,000. GAMMA Investing LLC bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at $50,000. Principal Securities Inc. bought a new stake in shares of Americold Realty Trust during the 4th quarter valued at $80,000. Finally, Signaturefd LLC boosted its holdings 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 valued at $84,000 after buying an additional 528 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.8 %

COLD stock opened at $22.33 on Friday. The company has a market capitalization of $6.34 billion, a PE ratio of -18.45, a price-to-earnings-growth ratio of 2.01 and a beta of 0.52. Americold Realty Trust has a one year low of $22.22 and a one year high of $33.90. The company’s 50 day moving average price is $24.99 and its two-hundred day moving average price is $27.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend was Wednesday, March 27th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -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.