1832 Asset Management L.P. Purchases 36,811 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

1832 Asset Management L.P. lifted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 9.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 438,289 shares of the company’s stock after buying an additional 36,811 shares during the quarter. 1832 Asset Management L.P. owned approximately 0.15% of Americold Realty Trust worth $10,922,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in COLD. Capital Square LLC boosted its position in Americold Realty Trust by 1.2% during the 4th quarter. Capital Square LLC now owns 42,595 shares of the company’s stock valued at $1,289,000 after acquiring an additional 511 shares in the last quarter. Signaturefd LLC grew its stake in Americold Realty Trust by 24.0% in the fourth quarter. Signaturefd LLC now owns 3,405 shares of the company’s stock valued at $103,000 after purchasing an additional 659 shares during the last quarter. Yousif Capital Management LLC grew its stake in Americold Realty Trust by 6.6% in the first quarter. Yousif Capital Management LLC now owns 12,429 shares of the company’s stock valued at $310,000 after purchasing an additional 768 shares during the last quarter. Capital Insight Partners LLC raised its holdings in Americold Realty Trust by 11.3% in the fourth quarter. Capital Insight Partners LLC now owns 10,486 shares of the company’s stock worth $317,000 after purchasing an additional 1,064 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in shares of Americold Realty Trust by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 119,776 shares of the company’s stock valued at $3,626,000 after buying an additional 1,170 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wolfe Research upgraded shares of 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. JPMorgan Chase & Co. upgraded Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price objective for the company in a report on Wednesday, June 26th. Scotiabank upgraded Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $27.00 to $30.00 in a research note on Thursday, May 23rd. Wells Fargo & Company started coverage on Americold Realty Trust in a research note on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price target for the company. Finally, Barclays boosted their price target on Americold Realty Trust from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Friday, May 24th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.60.

Americold Realty Trust Trading Up 2.1 %

Shares of COLD stock traded up $0.62 during mid-day trading on Friday, hitting $29.47. 2,697,861 shares of the stock were exchanged, compared to its average volume of 2,160,710. Americold Realty Trust, Inc. has a 52-week low of $21.87 and a 52-week high of $33.90. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average of $26.55 and a 200 day moving average of $26.00.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a yield of 2.99%. 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.