Americold Realty Trust (NYSE:COLD) shares reached a new 52-week high and low during trading on Wednesday . The stock traded as low as $19.72 and last traded at $19.78, with a volume of 87651 shares traded. The stock had previously closed at $19.48.
Several research analysts have commented on COLD shares. SunTrust Banks started coverage on shares of Americold Realty Trust in a research report on Tuesday, February 13th. They issued a “buy” rating and a $21.00 target price for the company. Bank of America started coverage on shares of Americold Realty Trust in a research report on Tuesday, February 13th. They issued a “buy” rating and a $20.00 target price for the company. Zacks Investment Research upgraded shares of Americold Realty Trust from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Tuesday. Robert W. Baird restated a “buy” rating and issued a $22.00 target price on shares of Americold Realty Trust in a research report on Thursday, April 12th. Finally, ValuEngine cut shares of Americold Realty Trust from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Americold Realty Trust currently has an average rating of “Buy” and a consensus target price of $20.79.
The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of -0.31.
The business also recently disclosed a special dividend, which was paid on Monday, April 16th. Stockholders of record on Friday, March 30th were issued a $0.1396 dividend. The ex-dividend date was Wednesday, March 28th.
In related news, Director Ronald W. Burkle sold 13,581,284 shares of the stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $14.90, for a total transaction of $202,361,131.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Goldman Sachs Group Inc bought 125,000 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The shares were acquired at an average cost of $17.40 per share, with a total value of $2,175,000.00. The disclosure for this purchase can be found here.
About Americold Realty Trust
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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