Ieq Capital LLC acquired a new stake in Americold Realty Trust Inc. (NYSE:COLD – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 275,599 shares of the company’s stock, valued at approximately $4,332,000.
Other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in shares of Americold Realty Trust during the fourth quarter valued at about $26,000. Geneos Wealth Management Inc. grew its stake in shares of Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after buying an additional 806 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 raised its stake in Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after buying an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Americold Realty Trust by 106.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after acquiring an additional 1,432 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.
Wall Street Analyst Weigh In
COLD has been the topic of a number of recent research reports. KeyCorp reiterated an “overweight” rating on shares of Americold Realty Trust in a report on Monday, August 10th. Piper Sandler boosted their price target on shares of Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. DA Davidson set a $16.00 price objective on shares of Americold Realty Trust in a report on Tuesday, August 18th. Wells Fargo & Company raised their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. 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 report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of “Hold” and an average price target of $15.63.
Americold Realty Trust Trading Down 0.9%
Shares of Americold Realty Trust stock opened at $15.12 on Tuesday. The firm has a market cap of $4.32 billion, a PE ratio of -9.51 and a beta of 0.97. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $16.88. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a fifty day moving average price of $15.02 and a 200-day moving average price of $13.71.
Americold Realty Trust (NYSE:COLD – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The firm had revenue of $662.89 million during the quarter, compared to the consensus estimate of $613.54 million. During the same period in the prior year, the firm earned $0.36 EPS. The company’s revenue was up 1.9% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts anticipate that Americold Realty Trust Inc. will post 1.15 EPS for the current year.
Americold Realty Trust Company 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.
Featured Articles
- Five stocks we like better than Americold Realty Trust
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Want to see what other hedge funds are holding COLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Americold Realty Trust Inc. (NYSE:COLD – Free Report).
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
