SG Americas Securities LLC raised its holdings in Americold Realty Trust, Inc. (NYSE:COLD – Free Report) by 23.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 77,893 shares of the company’s stock after acquiring an additional 14,870 shares during the period. SG Americas Securities LLC’s holdings in Americold Realty Trust were worth $2,216,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of COLD. Janney Capital Management LLC increased its stake in shares of Americold Realty Trust by 12.8% during the 1st quarter. Janney Capital Management LLC now owns 14,030 shares of the company’s stock valued at $399,000 after acquiring an additional 1,594 shares during the last quarter. Sarasin & Partners LLP acquired a new position in shares of Americold Realty Trust during the 1st quarter valued at about $4,650,000. Arizona State Retirement System increased its stake in shares of Americold Realty Trust by 2.7% during the 1st quarter. Arizona State Retirement System now owns 78,059 shares of the company’s stock valued at $2,221,000 after acquiring an additional 2,051 shares during the last quarter. Oak Thistle LLC acquired a new position in shares of Americold Realty Trust during the 1st quarter valued at about $593,000. Finally, Slow Capital Inc. acquired a new stake in shares of Americold Realty Trust during the 1st quarter worth $138,000. 95.62% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on COLD. JPMorgan Chase & Co. upped their price objective on Americold Realty Trust from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, April 5th. Royal Bank of Canada raised shares of Americold Realty Trust from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $33.00 to $36.00 in a research report on Monday, May 8th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Americold Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $34.07.
Americold Realty Trust Stock Up 0.4 %
Americold Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were given a $0.22 dividend. The ex-dividend date was Thursday, June 29th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.65%. Americold Realty Trust’s payout ratio is currently -4,400.00%.
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 243 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.
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