Americold Realty Trust Inc. $COLD Shares Sold by Algebris UK Ltd.

Algebris UK Ltd. trimmed its stake in Americold Realty Trust Inc. (NYSE:COLD) by 50.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 442,073 shares of the company’s stock after selling 459,164 shares during the quarter. Algebris UK Ltd.’s holdings in Americold Realty Trust were worth $5,688,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in shares of Americold Realty Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after buying an additional 626,160 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Americold Realty Trust in the first quarter valued at approximately $240,000. Jane Street Group LLC raised its position in shares of Americold Realty Trust by 8.7% in the first quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after buying an additional 5,693 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Americold Realty Trust in the second quarter valued at approximately $86,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Americold Realty Trust by 252.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after buying an additional 1,593 shares during the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on COLD. Barclays boosted their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Piper Sandler initiated coverage on Americold Realty Trust in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 target price for the company. Compass Point initiated coverage on Americold Realty Trust in a research note on Wednesday, March 18th. They issued a “buy” rating and a $14.50 target price for the company. Finally, Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 target price for the company. in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Americold Realty Trust currently has an average rating of “Reduce” and a consensus price target of $14.67.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD opened at $14.39 on Thursday. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $18.08. The business has a 50-day moving average of $12.42 and a two-hundred day moving average of $12.36. The firm has a market capitalization of $4.11 billion, a PE ratio of -36.90 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, research analysts forecast that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Tuesday, March 31st. Americold Realty Trust’s dividend payout ratio (DPR) is -235.90%.

Americold Realty Trust 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.