Goldman Sachs Group Inc. Increases Position in Americold Realty Trust, Inc. (NYSE:COLD)

Goldman Sachs Group Inc. lifted its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 61.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,020,747 shares of the company’s stock after buying an additional 767,264 shares during the period. Goldman Sachs Group Inc. owned 0.71% of Americold Realty Trust worth $61,168,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. VisionPoint Advisory Group LLC lifted its stake in shares of Americold Realty Trust by 74.1% during 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 period. Clearstead Advisors LLC purchased a new position in shares of Americold Realty Trust during the third quarter valued at approximately $33,000. GAMMA Investing LLC acquired a new position in Americold Realty Trust during the fourth quarter worth approximately $50,000. Principal Securities Inc. acquired a new position in Americold Realty Trust during the fourth quarter worth approximately $80,000. Finally, Signaturefd LLC increased its position in 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 purchasing an additional 659 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.0 %

NYSE COLD opened at $25.66 on Wednesday. Americold Realty Trust, Inc. has a 12 month low of $21.87 and a 12 month high of $33.90. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of -21.93, a price-to-earnings-growth ratio of 1.81 and a beta of 0.59. The company’s fifty day moving average price is $24.47 and its two-hundred day moving average price is $26.48.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.22 per share. The ex-dividend date is Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a yield of 3.43%. Americold Realty Trust’s dividend payout ratio (DPR) is -75.21%.

Analyst Ratings Changes

COLD has been the subject of several research analyst reports. Raymond James raised shares of Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research report on Thursday, February 29th. Barclays upped their price target on shares of Americold Realty Trust from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Friday, May 24th. KeyCorp dropped their price target 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. Royal Bank of Canada dropped their price target on shares of Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, February 28th. Finally, Scotiabank raised shares of Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $27.00 to $30.00 in a research report on Thursday, May 23rd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $30.78.

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.