UBS Group AG Has $8.09 Million Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

UBS Group AG cut its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD – Get Rating) by 18.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 285,685 shares of the company’s stock after selling 63,718 shares during the quarter. UBS Group AG owned about 0.11% of Americold Realty Trust worth $8,088,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. increased its position in shares of Americold Realty Trust by 12.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,214 shares of the company’s stock valued at $341,000 after purchasing an additional 1,370 shares during the period. Bank of Montreal Can increased its position in shares of Americold Realty Trust by 4.0% during the first quarter. Bank of Montreal Can now owns 70,576 shares of the company’s stock valued at $1,970,000 after purchasing an additional 2,715 shares during the period. MetLife Investment Management LLC bought a new stake in shares of Americold Realty Trust during the first quarter valued at approximately $149,000. Great West Life Assurance Co. Can increased its position in shares of Americold Realty Trust by 2.6% during the first quarter. Great West Life Assurance Co. Can now owns 227,009 shares of the company’s stock valued at $6,570,000 after purchasing an additional 5,684 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Americold Realty Trust by 29.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,735,991 shares of the company’s stock valued at $76,279,000 after purchasing an additional 619,710 shares during the period. 98.98% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Trading Down 1.8 %

Shares of COLD opened at $29.15 on Thursday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.19. Americold Realty Trust, Inc. has a 12-month low of $21.49 and a 12-month high of $32.99. The firm has a market capitalization of $7.88 billion, a PE ratio of -1,457.50, a price-to-earnings-growth ratio of 2.85 and a beta of 0.50. The stock’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $29.40.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, June 29th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -4,400.00%.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of analyst reports. Barclays upgraded Americold Realty Trust from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $30.00 to $32.00 in a research report on Thursday, March 23rd. Royal Bank of Canada upgraded Americold Realty Trust from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $33.00 to $36.00 in a research report on Monday, May 8th. Finally, JPMorgan Chase & Co. upped their price target on Americold Realty Trust from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, April 5th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $33.94.

Americold Realty Trust Company Profile

(Get Rating)

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.