Point72 Hong Kong Ltd boosted its holdings in AmeriCold Realty Trust (NYSE:COLD) by 7,437.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,196 shares of the company’s stock after purchasing an additional 9,074 shares during the quarter. Point72 Hong Kong Ltd’s holdings in AmeriCold Realty Trust were worth $322,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. increased its holdings in shares of AmeriCold Realty Trust by 136.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,069 shares of the company’s stock valued at $37,000 after acquiring an additional 617 shares in the last quarter. Capital Analysts LLC boosted its position in shares of AmeriCold Realty Trust by 48.6% during the fourth quarter. Capital Analysts LLC now owns 1,095 shares of the company’s stock valued at $38,000 after buying an additional 358 shares during the last quarter. Van ECK Associates Corp purchased a new position in shares of AmeriCold Realty Trust during the fourth quarter valued at approximately $40,000. Fieldpoint Private Securities LLC boosted its position in shares of AmeriCold Realty Trust by 75.6% during the fourth quarter. Fieldpoint Private Securities LLC now owns 1,412 shares of the company’s stock valued at $50,000 after buying an additional 608 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in shares of AmeriCold Realty Trust during the fourth quarter valued at approximately $107,000.

Shares of AmeriCold Realty Trust stock traded up $0.95 during trading on Wednesday, hitting $31.81. 3,565,361 shares of the stock traded hands, compared to its average volume of 2,127,944. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.07. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 132.54, a PEG ratio of 8.05 and a beta of 0.70. The firm’s fifty day moving average is $32.76 and its 200-day moving average is $35.40. AmeriCold Realty Trust has a 52 week low of $23.30 and a 52 week high of $40.42.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Monday, March 30th. This is a positive change from AmeriCold Realty Trust’s previous quarterly dividend of $0.20. AmeriCold Realty Trust’s dividend payout ratio (DPR) is 68.38%.

Several brokerages recently issued reports on COLD. Royal Bank of Canada reaffirmed a “buy” rating and set a $40.00 target price on shares of AmeriCold Realty Trust in a research report on Tuesday, February 25th. Berenberg Bank cut AmeriCold Realty Trust from a “buy” rating to a “hold” rating in a research report on Monday, December 9th. Zacks Investment Research raised AmeriCold Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. raised AmeriCold Realty Trust from a “neutral” rating to an “overweight” rating and set a $38.00 price objective on the stock in a research report on Wednesday, December 18th. Finally, Raymond James cut their price objective on AmeriCold Realty Trust from $40.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $38.75.

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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