Hsbc Holdings PLC Buys Shares of 673,314 Americold Realty Trust Inc. $COLD

Hsbc Holdings PLC purchased a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 673,314 shares of the company’s stock, valued at approximately $10,605,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ameriflex Group Inc. purchased a new stake in Americold Realty Trust during the 4th quarter worth approximately $26,000. Geneos Wealth Management Inc. lifted its holdings in 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 buying an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in 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 buying an additional 948 shares during the period. Farther Finance Advisors LLC boosted its position in 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 buying an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Americold Realty Trust by 106.2% in 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 period. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Up 0.4%

Shares of NYSE:COLD opened at $15.09 on Friday. The company has a market capitalization of $4.31 billion, a PE ratio of -9.49 and a beta of 0.97. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $16.88. The firm has a 50 day simple moving average of $15.11 and a 200-day simple moving average of $13.77.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The firm had revenue of $662.89 million for the quarter, compared to the consensus estimate of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company’s revenue was up 1.9% on a year-over-year basis. During the same period last year, the firm posted $0.36 EPS. 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 1.15 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -57.86%.

Analyst Ratings Changes

COLD has been the topic of a number of recent research reports. UBS Group upped their price objective on Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Robert W. Baird set a $15.00 target price on Americold Realty Trust in a report on Friday, May 8th. KeyCorp reissued an “overweight” rating on shares of Americold Realty Trust in a research note on Monday, August 10th. Evercore restated an “outperform” rating and set a $19.00 price target on shares of Americold Realty Trust in a report on Friday, August 7th. Finally, Barclays increased their price target on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Americold Realty Trust has a consensus rating of “Hold” and an average target price of $15.63.

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.