Americold Realty Trust Inc. $COLD Position Lessened by Conversant Capital LLC

Conversant Capital LLC trimmed its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 26.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,100,000 shares of the company’s stock after selling 400,000 shares during the period. Americold Realty Trust comprises approximately 1.7% of Conversant Capital LLC’s portfolio, making the stock its 11th biggest holding. Conversant Capital LLC’s holdings in Americold Realty Trust were worth $12,606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in Americold Realty Trust in the fourth quarter valued at about $26,000. Geneos Wealth Management Inc. raised its stake in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after buying an additional 942 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Americold Realty Trust by 106.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock valued at $36,000 after buying an additional 1,432 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $14.31 on Friday. The business’s 50-day simple moving average is $15.08 and its 200-day simple moving average is $13.47. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of -36.70 and a beta of 0.96.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.33. The firm had revenue of $629.87 million during the quarter, compared to analysts’ expectations of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts expect that Americold Realty Trust Inc. will post 1.15 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

Analyst Ratings Changes

COLD has been the topic of a number of research reports. UBS Group increased their price objective on Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Wells Fargo & Company lifted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Royal Bank Of Canada increased their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $15.25.

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.