Oak Thistle LLC Has $141,000 Position in Americold Realty Trust Inc. $COLD

Oak Thistle LLC cut its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 81.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,549 shares of the company’s stock after selling 51,084 shares during the quarter. Oak Thistle LLC’s holdings in Americold Realty Trust were worth $141,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of COLD. Caitong International Asset Management Co. Ltd raised its holdings in Americold Realty Trust by 49,833.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock worth $25,000 after acquiring an additional 1,495 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares in the last quarter. GKV Capital Management Co. Inc. acquired a new position in shares of Americold Realty Trust during the 1st quarter worth approximately $36,000. EverSource Wealth Advisors LLC raised its stake in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after purchasing an additional 1,593 shares in the last quarter. Finally, Whipplewood Advisors LLC boosted its holdings in shares of Americold Realty Trust by 10,869.6% in the 2nd quarter. Whipplewood Advisors LLC now owns 2,523 shares of the company’s stock valued at $42,000 after buying an additional 2,500 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on COLD shares. Baird R W downgraded shares of Americold Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Thursday. Wells Fargo & Company decreased their price objective on shares of Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. KeyCorp lowered their price objective on shares of Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating on the stock in a research note on Friday, October 3rd. Royal Bank Of Canada downgraded shares of Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Truist Financial reduced their price target on Americold Realty Trust from $20.00 to $17.00 and set a “buy” rating for the company in a report on Thursday, September 25th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust presently has an average rating of “Hold” and an average price target of $13.92.

Americold Realty Trust Stock Performance

NYSE COLD opened at $12.22 on Friday. The firm has a 50-day moving average of $12.03 and a 200-day moving average of $14.09. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a market cap of $3.48 billion, a PE ratio of -55.55, a P/E/G ratio of 3.84 and a beta of 0.96. Americold Realty Trust Inc. has a 52-week low of $10.10 and a 52-week high of $23.52.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $663.67 million for the quarter, compared to analyst estimates of $659.51 million. Americold Realty Trust had a negative net margin of 2.39% and a negative return on equity of 1.96%. Americold Realty Trust’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.35 EPS. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. On average, sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.92 annualized dividend and a dividend yield of 7.5%. Americold Realty Trust’s dividend payout ratio is presently -418.18%.

Americold Realty Trust Company Profile

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.