OVERSEA CHINESE BANKING Corp Ltd Makes New $2.91 Million Investment in Americold Realty Trust Inc. $COLD

OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Americold Realty Trust Inc. (NYSE:COLD) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 184,866 shares of the company’s stock, valued at approximately $2,906,000. OVERSEA CHINESE BANKING Corp Ltd owned about 0.06% of Americold Realty Trust at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust in the 4th quarter valued at about $26,000. Geneos Wealth Management Inc. increased its position in 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 buying an additional 806 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in Americold Realty Trust by 63.3% in the third 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 last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after acquiring an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Americold Realty Trust by 106.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock valued at $36,000 after acquiring an additional 1,432 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

COLD opened at $15.08 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $16.88. The stock has a market capitalization of $4.31 billion, a P/E ratio of -9.48 and a beta of 0.97. The business has a 50 day simple moving average of $15.00 and a 200-day simple moving average of $13.67.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. The firm had revenue of $662.89 million for the quarter, compared to analyst estimates of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.Americold Realty Trust’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts anticipate that Americold Realty Trust Inc. will post 1.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

COLD has been the topic of a number of recent research reports. Weiss Ratings cut shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Evercore reiterated an “outperform” rating and set a $19.00 price target on shares of Americold Realty Trust in a research note on Friday, August 7th. Barclays raised their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Finally, Scotiabank lifted their price objective on shares of Americold Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a research note on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.