William Blair Investment Management LLC Invests $12.93 Million in Americold Realty Trust Inc. $COLD

William Blair Investment Management LLC acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 822,464 shares of the company’s stock, valued at approximately $12,929,000.

Several other large investors have also bought and sold shares of COLD. Ieq Capital LLC bought a new position in Americold Realty Trust in the second quarter valued at about $4,332,000. Keebeck Wealth Management bought a new position in shares of Americold Realty Trust in the second quarter worth about $399,000. Allworth Financial LP bought a new position in shares of Americold Realty Trust in the second quarter worth about $115,000. Advisors Capital Management LLC bought a new position in shares of Americold Realty Trust in the second quarter worth about $19,858,000. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Americold Realty Trust in the 2nd quarter valued at approximately $2,906,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $15.24 on Friday. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of -9.58 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. The business’s 50-day moving average price is $15.01 and its 200-day moving average price is $13.69. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $16.88.

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

Wall Street Analyst Weigh In

COLD has been the topic of several research reports. Bank of America raised shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $15.00 to $16.00 in a report on Tuesday, August 18th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $16.00 price objective on shares of Americold Realty Trust in a research note on Monday, August 17th. Wall Street Zen upgraded shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. KeyCorp reaffirmed an “overweight” rating on shares of Americold Realty Trust in a research note on Monday, August 10th. Finally, Barclays upped their price target on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, May 15th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $15.63.

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.