Global Alpha Capital Management Ltd. Raises Holdings in Americold Realty Trust Inc. $COLD

Global Alpha Capital Management Ltd. boosted its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 5,524.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,453,522 shares of the company’s stock after acquiring an additional 2,409,900 shares during the quarter. Americold Realty Trust accounts for approximately 1.9% of Global Alpha Capital Management Ltd.’s holdings, making the stock its 27th biggest holding. Global Alpha Capital Management Ltd.’s holdings in Americold Realty Trust were worth $31,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Longfellow Investment Management Co. LLC purchased a new position in Americold Realty Trust in the fourth quarter worth $2,684,000. Pinebridge Investments LLC acquired a new stake in Americold Realty Trust during the 4th quarter valued at approximately $200,000. Cibc World Market Inc. boosted its holdings in Americold Realty Trust by 60.5% in the fourth quarter. Cibc World Market Inc. now owns 144,817 shares of the company’s stock valued at $1,862,000 after purchasing an additional 54,572 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Americold Realty Trust by 72.8% in the fourth quarter. Bank of New York Mellon Corp now owns 2,837,496 shares of the company’s stock valued at $36,490,000 after purchasing an additional 1,195,239 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Americold Realty Trust by 57.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,996,211 shares of the company’s stock valued at $64,251,000 after purchasing an additional 1,821,854 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COLD has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Compass Point started coverage on shares of Americold Realty Trust in a research report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price target for the company. Wells Fargo & Company upped their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Citigroup upped their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Three 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 company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $14.93.

Americold Realty Trust Trading Down 1.6%

COLD opened at $14.73 on Friday. The company’s 50 day simple moving average is $13.25 and its two-hundred day simple moving average is $12.62. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of -37.77 and a beta of 0.97. 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 Inc. has a 1-year low of $10.10 and a 1-year high of $18.08.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.33. The firm had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts expect that Americold Realty Trust Inc. will post 1.18 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

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.