Americold Realty Trust Inc. $COLD Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its stake in Americold Realty Trust Inc. (NYSE:COLD) by 78.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 395,854 shares of the company’s stock after acquiring an additional 173,975 shares during the quarter. Y Intercept Hong Kong Ltd owned approximately 0.14% of Americold Realty Trust worth $4,845,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in COLD. Caitong International Asset Management Co. Ltd increased its position in Americold Realty Trust by 49,833.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock worth $25,000 after purchasing an additional 1,495 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after buying an additional 1,593 shares in the last quarter. Whipplewood Advisors LLC grew its holdings in shares of Americold Realty Trust by 10,869.6% during the second quarter. Whipplewood Advisors LLC now owns 2,523 shares of the company’s stock worth $42,000 after buying an additional 2,500 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Americold Realty Trust in the third quarter valued at approximately $61,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Monday, December 29th. Barclays decreased their price target on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. Evercore ISI dropped their price objective on shares of Americold Realty Trust from $14.00 to $13.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Robert W. Baird reiterated a “neutral” rating and set a $13.00 price objective (down from $16.00) on shares of Americold Realty Trust in a report on Thursday, December 18th. Finally, Wells Fargo & Company lowered their target price on shares of Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.92.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $13.26 on Monday. The firm has a fifty day moving average of $12.18 and a 200-day moving average of $13.38. Americold Realty Trust Inc. has a 52-week low of $10.10 and a 52-week high of $23.52. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $3.78 billion, a P/E ratio of -60.25, a PEG ratio of 4.70 and a beta of 0.91.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.35. Americold Realty Trust had a negative net margin of 2.39% and a negative return on equity of 1.96%. The firm had revenue of $663.67 million during the quarter, compared to analysts’ expectations of $659.51 million. During the same period in the prior year, the company earned $0.35 EPS. The firm’s revenue was down 1.6% on a year-over-year basis. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. As a group, analysts predict that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.9%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -418.18%.

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.