Americold Realty Trust, Inc. (NYSE:COLD) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 14.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,627,556 shares of the company’s stock after acquiring an additional 201,911 shares during the period. Sei Investments Co. owned about 0.57% of Americold Realty Trust worth $40,559,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Americold Realty Trust by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 38,331,418 shares of the company’s stock worth $1,160,292,000 after acquiring an additional 1,071,074 shares in the last quarter. Norges Bank purchased a new stake in Americold Realty Trust during the 4th quarter worth about $677,077,000. Principal Financial Group Inc. increased its holdings in Americold Realty Trust by 49.6% during the 1st quarter. Principal Financial Group Inc. now owns 11,698,465 shares of the company’s stock worth $291,526,000 after purchasing an additional 3,879,632 shares during the period. Dimensional Fund Advisors LP increased its holdings in Americold Realty Trust by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,066,285 shares of the company’s stock worth $123,088,000 after purchasing an additional 170,479 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Americold Realty Trust by 7.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,469,987 shares of the company’s stock worth $105,037,000 after purchasing an additional 251,648 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company assumed coverage on Americold Realty Trust in a report on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price objective on the stock. Scotiabank upgraded Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $27.00 to $30.00 in a report on Thursday, May 23rd. KeyCorp dropped their price objective on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd. JPMorgan Chase & Co. upgraded Americold Realty Trust from a “neutral” rating to an “overweight” rating and set a $30.00 price objective on the stock in a report on Wednesday, June 26th. Finally, Barclays increased their price objective on Americold Realty Trust from $25.00 to $26.00 and gave the company an “equal weight” rating in a report on Friday, May 24th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $30.60.

Americold Realty Trust Price Performance

NYSE COLD traded up $0.18 during mid-day trading on Monday, hitting $27.46. The stock had a trading volume of 1,549,390 shares, compared to its average volume of 2,357,854. Americold Realty Trust, Inc. has a 52-week low of $21.87 and a 52-week high of $33.90. The company has a 50 day simple moving average of $25.56 and a 200 day simple moving average of $26.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.16 and a current ratio of 0.16.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.21%. The ex-dividend date is Friday, June 28th. Americold Realty Trust’s payout ratio is -75.21%.

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.