Berkeley Capital Partners LLC Buys 52,271 Shares of Americold Realty Trust Inc. $COLD

Berkeley Capital Partners LLC grew its stake in Americold Realty Trust Inc. (NYSE:COLD) by 53.2% during the 4th quarter, HoldingsChannel reports. The firm owned 150,603 shares of the company’s stock after acquiring an additional 52,271 shares during the quarter. Berkeley Capital Partners LLC’s holdings in Americold Realty Trust were worth $1,937,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its stake in shares of Americold Realty Trust by 100.0% in the 2nd 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 during the period. Farther Finance Advisors LLC grew its stake in shares of Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after purchasing an additional 942 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Americold Realty Trust by 63.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after purchasing an additional 948 shares during the period. Norinchukin Bank The grew its stake in shares of Americold Realty Trust by 8.0% in the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock valued at $165,000 after purchasing an additional 1,001 shares during the period. Finally, LRI Investments LLC grew its stake in shares of Americold Realty Trust by 90.4% in the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares during the period. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Up 0.8%

NYSE:COLD opened at $14.91 on Thursday. The stock’s fifty day moving average price is $12.23 and its two-hundred day moving average price is $12.32. Americold Realty Trust Inc. has a 52-week low of $10.10 and a 52-week high of $18.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $4.25 billion, a price-to-earnings ratio of -38.24 and a beta of 0.89.

Americold Realty Trust (NYSE:COLD) last posted 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 return on equity of 3.73% and a negative net margin of 4.29%.The firm had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. During the same quarter in the prior year, the business earned $0.34 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Americold Realty Trust Inc. will post 1.18 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.92 annualized dividend and a yield of 6.2%. Americold Realty Trust’s dividend payout ratio is currently -235.90%.

Wall Street Analysts Forecast Growth

COLD has been the topic of several recent analyst reports. Scotiabank raised Americold Realty Trust to a “hold” rating in a report on Wednesday, March 11th. Barclays downgraded Americold Realty Trust from an “overweight” rating to an “underweight” rating and reduced their target price for the stock from $15.00 to $12.00 in a report on Monday, April 27th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a report on Friday, March 27th. Bank of America downgraded Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 target price on the stock. in a report on Thursday, February 5th. Finally, Citigroup boosted their target price on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $14.43.

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.