45,823 Shares in Americold Realty Trust (COLD) Acquired by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of Americold Realty Trust (NYSE:COLD) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,823 shares of the company’s stock, valued at approximately $874,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in Americold Realty Trust during the first quarter worth $146,000. Wells Fargo & Company MN acquired a new position in Americold Realty Trust during the first quarter worth $596,000. Rhumbline Advisers acquired a new position in Americold Realty Trust during the first quarter worth $1,066,000. Manning & Napier Group LLC acquired a new position in Americold Realty Trust during the first quarter worth $1,825,000. Finally, Sarasin & Partners LLP acquired a new position in Americold Realty Trust during the first quarter worth $4,141,000. 3.69% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have weighed in on COLD shares. Zacks Investment Research upgraded shares of Americold Realty Trust from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 17th. Robert W. Baird started coverage on shares of Americold Realty Trust in a report on Tuesday, February 13th. They set an “outperform” rating and a $20.00 price objective on the stock. ValuEngine downgraded shares of Americold Realty Trust from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Goldman Sachs started coverage on shares of Americold Realty Trust in a report on Monday, March 12th. They set a “neutral” rating and a $19.50 price objective on the stock. Finally, JPMorgan Chase started coverage on shares of Americold Realty Trust in a report on Tuesday, February 13th. They set a “neutral” rating and a $19.00 price objective on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $21.00.

Shares of COLD stock opened at $21.85 on Friday. The company has a current ratio of 0.25, a quick ratio of 0.15 and a debt-to-equity ratio of 0.06. Americold Realty Trust has a one year low of $16.13 and a one year high of $23.54.

Americold Realty Trust Profile

Americold Realty Trust is the world's largest owner and operator of temperature-controlled warehouses. We are organized as a self-administered and self-managed REIT with proven operating, development and acquisition expertise. As of September 30, 2017, we operated a global network of 160 high-quality warehouses encompassing 945.3 million cubic feet, with 142 warehouses in the United States, six warehouses in Australia, seven warehouses in New Zealand, two warehouses in Argentina and three warehouses in Canada.

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

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