Baupost Group LLC MA Has $44.70 Million Stock Position in Americold Realty Trust Inc. $COLD

Baupost Group LLC MA reduced its stake in Americold Realty Trust Inc. (NYSE:COLD) by 3.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,475,685 shares of the company’s stock after selling 124,315 shares during the period. Americold Realty Trust makes up about 0.8% of Baupost Group LLC MA’s portfolio, making the stock its 20th biggest position. Baupost Group LLC MA’s holdings in Americold Realty Trust were worth $44,697,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COLD. Vanguard Group Inc. lifted its stake in Americold Realty Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock valued at $496,367,000 after buying an additional 388,809 shares during the period. Norges Bank acquired a new position in Americold Realty Trust in the fourth quarter valued at approximately $152,684,000. State Street Corp lifted its stake in Americold Realty Trust by 0.7% in the fourth quarter. State Street Corp now owns 10,713,586 shares of the company’s stock valued at $140,203,000 after buying an additional 75,814 shares during the period. American Century Companies Inc. lifted its stake in Americold Realty Trust by 53.4% in the third quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock valued at $96,856,000 after buying an additional 2,754,751 shares during the period. Finally, Lasalle Investment Management Securities LLC lifted its stake in Americold Realty Trust by 11.9% in the third quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock valued at $85,133,000 after buying an additional 742,319 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

Shares of NYSE:COLD opened at $14.47 on Friday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $17.52. The stock’s 50 day moving average is $13.59 and its 200-day moving average is $12.77. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of -37.09 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share 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 company had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. During the same period in the prior year, the firm earned $0.34 earnings per share. Americold Realty Trust’s revenue for the quarter was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Sell-side analysts forecast that Americold Realty Trust Inc. will post 1.16 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

Analysts Set New Price Targets

Several brokerages have issued reports on COLD. Barclays boosted their price target on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research note on Friday, May 15th. Compass Point began coverage on 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. Wall Street Zen lowered Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Evercore set a $17.00 price target on Americold Realty Trust in a research note on Friday, May 8th. Finally, Piper Sandler began coverage on Americold Realty Trust in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target 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.