Rock Point Advisors LLC bought a new position in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 450,070 shares of the company’s stock, valued at approximately $5,509,000. Americold Realty Trust makes up approximately 1.5% of Rock Point Advisors LLC’s portfolio, making the stock its 29th largest position. Rock Point Advisors LLC owned about 0.16% of Americold Realty Trust at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. AGF Management Ltd. grew its position in shares of Americold Realty Trust by 49.2% during the second quarter. AGF Management Ltd. now owns 182,762 shares of the company’s stock worth $3,039,000 after buying an additional 60,276 shares in the last quarter. Clear Harbor Asset Management LLC purchased a new position in Americold Realty Trust in the third quarter worth approximately $485,000. Envestnet Asset Management Inc. grew its holdings in Americold Realty Trust by 23.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock worth $11,282,000 after acquiring an additional 176,581 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in shares of Americold Realty Trust by 70.0% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock valued at $2,703,000 after purchasing an additional 90,912 shares during the last quarter. Finally, Chilton Capital Management LLC increased its position in shares of Americold Realty Trust by 3,914.2% in the 3rd quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock valued at $5,654,000 after purchasing an additional 442,970 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 brokerages recently commented on COLD. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday. Bank of America downgraded Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a report on Thursday, February 5th. Royal Bank Of Canada cut Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 7th. Citigroup raised their target price on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Finally, UBS Group boosted their target price on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $14.38.
Americold Realty Trust Stock Performance
Shares of COLD stock opened at $12.69 on Wednesday. The stock’s 50-day moving average is $12.93 and its two-hundred day moving average is $12.79. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.11 and a current ratio of 0.11. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $23.03. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of -31.72, a PEG ratio of 4.63 and a beta of 0.89.
Americold Realty Trust (NYSE:COLD – Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The firm had revenue of $658.45 million during the quarter, compared to analyst estimates of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.64%. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the company earned $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts predict that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.
Americold Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.23 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.2%. Americold Realty Trust’s dividend payout ratio (DPR) is -230.00%.
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.
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