Vanguard Group Inc. Purchases 367,920 Shares of Americold Realty Trust Inc. $COLD

Vanguard Group Inc. raised its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,208,902 shares of the company’s stock after acquiring an additional 367,920 shares during the quarter. Vanguard Group Inc. owned approximately 13.42% of Americold Realty Trust worth $467,677,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in COLD. JPMorgan Chase & Co. increased its stake in Americold Realty Trust by 97.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,691,567 shares of the company’s stock valued at $20,705,000 after buying an additional 835,135 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of Americold Realty Trust by 9.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 336,383 shares of the company’s stock valued at $4,117,000 after acquiring an additional 29,994 shares in the last quarter. Aberdeen Group plc increased its position in shares of Americold Realty Trust by 13.8% in the third quarter. Aberdeen Group plc now owns 98,190 shares of the company’s stock valued at $1,226,000 after acquiring an additional 11,914 shares during the last quarter. Metis Global Partners LLC increased its position in shares of Americold Realty Trust by 36.3% in the third quarter. Metis Global Partners LLC now owns 59,063 shares of the company’s stock valued at $723,000 after acquiring an additional 15,740 shares during the last quarter. Finally, Cibc World Market Inc. raised its holdings in Americold Realty Trust by 31.5% during the third quarter. Cibc World Market Inc. now owns 90,245 shares of the company’s stock worth $1,105,000 after acquiring an additional 21,600 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

COLD has been the subject of a number of analyst reports. Bank of America downgraded Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a research note on Thursday, February 5th. Truist Financial lowered their target price on shares of Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, December 24th. Robert W. Baird reissued a “neutral” rating and issued a $13.00 price objective (down from $16.00) on shares of Americold Realty Trust in a research report on Thursday, December 18th. Barclays dropped their target price on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Finally, Scotiabank lifted their target price on Americold Realty Trust from $12.00 to $14.00 and gave the stock a “sector perform” rating in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $14.15.

Americold Realty Trust Stock Up 0.6%

COLD opened at $13.16 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a fifty day moving average of $12.86 and a 200-day moving average of $12.84. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $23.52. The company has a market capitalization of $3.75 billion, a P/E ratio of -32.89, a P/E/G ratio of 4.64 and a beta of 0.91.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.64%. The business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. During the same period in the prior year, the firm earned $0.37 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts expect that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Wednesday, December 31st. Americold Realty Trust’s dividend payout ratio is presently -230.00%.

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.