New York State Common Retirement Fund boosted its stake in AmeriCold Realty Trust (NYSE:COLD) by 74.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,042 shares of the company’s stock after acquiring an additional 42,612 shares during the period. New York State Common Retirement Fund’s holdings in AmeriCold Realty Trust were worth $2,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Senator Investment Group LP raised its holdings in AmeriCold Realty Trust by 34.9% in the third quarter. Senator Investment Group LP now owns 8,000,000 shares of the company’s stock valued at $200,160,000 after acquiring an additional 2,069,936 shares in the last quarter. Vanguard Group Inc. raised its holdings in AmeriCold Realty Trust by 82.0% in the third quarter. Vanguard Group Inc. now owns 7,958,159 shares of the company’s stock valued at $199,114,000 after acquiring an additional 3,584,826 shares in the last quarter. Vanguard Group Inc increased its stake in AmeriCold Realty Trust by 82.0% during the third quarter. Vanguard Group Inc now owns 7,958,159 shares of the company’s stock valued at $199,114,000 after purchasing an additional 3,584,826 shares during the last quarter. Cohen & Steers Inc. increased its stake in AmeriCold Realty Trust by 134.9% during the third quarter. Cohen & Steers Inc. now owns 7,923,128 shares of the company’s stock valued at $198,237,000 after purchasing an additional 4,550,767 shares during the last quarter. Finally, BlackRock Inc. increased its stake in AmeriCold Realty Trust by 64.0% during the third quarter. BlackRock Inc. now owns 7,478,227 shares of the company’s stock valued at $187,104,000 after purchasing an additional 2,917,222 shares during the last quarter. 78.78% of the stock is currently owned by hedge funds and other institutional investors.

COLD has been the subject of several recent research reports. Berenberg Bank initiated coverage on shares of AmeriCold Realty Trust in a research note on Wednesday, March 13th. They set a “buy” rating and a $35.00 target price for the company. Zacks Investment Research lowered shares of AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Robert W. Baird boosted their target price on shares of AmeriCold Realty Trust from $26.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, December 19th. ValuEngine upgraded shares of AmeriCold Realty Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, January 9th. Finally, SunTrust Banks boosted their target price on shares of AmeriCold Realty Trust to $32.00 and gave the company a “positive” rating in a research note on Wednesday, November 21st. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. AmeriCold Realty Trust has an average rating of “Buy” and a consensus price target of $30.14.

COLD stock opened at $29.86 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.26 and a quick ratio of 0.26. AmeriCold Realty Trust has a 1-year low of $18.30 and a 1-year high of $30.81. The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 2.59 and a beta of 0.79.

AmeriCold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, February 21st. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.24). AmeriCold Realty Trust had a net margin of 2.99% and a return on equity of 7.05%. The business had revenue of $415.82 million for the quarter, compared to the consensus estimate of $416.40 million. Equities research analysts predict that AmeriCold Realty Trust will post 1.18 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $0.80 annualized dividend and a dividend yield of 2.68%. This is a positive change from AmeriCold Realty Trust’s previous quarterly dividend of $0.19. AmeriCold Realty Trust’s dividend payout ratio is currently 63.56%.

In other news, Director Ronald W. Burkle sold 38,422,583 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $27.47, for a total transaction of $1,055,468,355.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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AmeriCold Realty Trust Profile

Americold is the world's largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 155 temperature-controlled warehouses, with approximately 918.7 million refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.

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Institutional Ownership by Quarter for AmeriCold Realty Trust (NYSE:COLD)

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