Vision Capital Corp raised its holdings in Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,999,050 shares of the company’s stock after purchasing an additional 86,730 shares during the quarter. Americold Realty Trust accounts for approximately 7.2% of Vision Capital Corp’s investment portfolio, making the stock its 4th biggest position. Vision Capital Corp owned about 0.70% of Americold Realty Trust worth $24,468,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Clear Harbor Asset Management LLC bought a new stake in shares of Americold Realty Trust during the 3rd quarter worth $485,000. Envestnet Asset Management Inc. grew its position in Americold Realty Trust by 23.7% in the third quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock valued at $11,282,000 after acquiring an additional 176,581 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Americold Realty Trust by 70.0% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock valued at $2,703,000 after acquiring an additional 90,912 shares during the last quarter. Chilton Capital Management LLC raised its stake in Americold Realty Trust by 3,914.2% during the third quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock worth $5,654,000 after acquiring an additional 442,970 shares in the last quarter. Finally, DAVENPORT & Co LLC acquired a new position in Americold Realty Trust during the third quarter worth about $38,980,000. Institutional investors own 98.14% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on COLD. Truist Financial reduced their price target on shares of Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, December 24th. Zacks Research upgraded shares of Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Citigroup increased their price objective on shares of Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Robert W. Baird restated a “neutral” rating and issued a $13.00 target price (down from $16.00) on shares of Americold Realty Trust in a research report on Thursday, December 18th. Finally, UBS Group boosted their target price on shares of 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 given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $14.38.
Americold Realty Trust Trading Up 0.2%
Americold Realty Trust stock traded up $0.02 during trading hours on Friday, hitting $11.30. The stock had a trading volume of 714,462 shares, compared to its average volume of 4,913,273. The business’s 50 day simple moving average is $12.84 and its 200-day simple moving average is $12.70. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $22.35. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of -28.29, a P/E/G ratio of 4.20 and a beta of 0.89. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17.
Americold Realty Trust (NYSE:COLD – Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.68). Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The firm had revenue of $658.45 million for the quarter, compared to the consensus estimate of $654.55 million. During the same quarter last year, the firm posted $0.37 earnings per share. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts predict that Americold Realty Trust Inc. will post 1.47 EPS for the current fiscal year.
Americold Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Americold Realty Trust’s payout ratio is presently -230.00%.
About Americold Realty Trust
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.
Featured Articles
- Five stocks we like better than Americold Realty Trust
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
