First National Bank Sioux Falls Acquires Shares of 50,420 Americold Realty Trust Inc. $COLD

First National Bank Sioux Falls acquired a new stake in Americold Realty Trust Inc. (NYSE:COLD) during the first quarter, Holdings Channel.com reports. The firm acquired 50,420 shares of the company’s stock, valued at approximately $625,000.

Several other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. grew its stake in shares of Americold Realty Trust by 100.0% during the second 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. Ameriflex Group Inc. acquired a new stake in Americold Realty Trust in the fourth quarter valued at $26,000. EverSource Wealth Advisors LLC lifted its holdings in Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after buying an additional 1,593 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in 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 buying an additional 948 shares during the last quarter. Finally, Avalon Trust Co purchased a new stake in Americold Realty Trust during the 3rd quarter worth about $32,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Performance

NYSE COLD opened at $13.98 on Tuesday. The company has a fifty day moving average of $13.90 and a two-hundred day moving average of $12.93. The company has a market capitalization of $3.99 billion, a PE ratio of -35.84 and a beta of 0.97. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $17.52. 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 posted its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $629.87 million for the quarter, compared to analysts’ expectations of $613.77 million. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The business’s 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, analysts expect that Americold Realty Trust Inc. will post 1.19 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -235.90%.

Wall Street Analyst Weigh In

COLD has been the topic of a number of recent analyst reports. Piper Sandler initiated coverage on Americold Realty Trust in a report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price objective on the stock. Citigroup boosted their target price on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Scotiabank upped their price target on Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a report on Thursday, May 14th. Wells Fargo & Company increased their price target 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. Finally, Compass Point initiated coverage on shares of Americold Realty Trust in a research note on Wednesday, March 18th. They issued a “buy” rating and a $14.50 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $14.71.

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.