Americold Realty Trust Inc. $COLD Shares Sold by Easterly Investment Partners LLC

Easterly Investment Partners LLC reduced its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 65.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 417,910 shares of the company’s stock after selling 809,123 shares during the quarter. Easterly Investment Partners LLC’s holdings in Americold Realty Trust were worth $5,374,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of COLD. Goldman Sachs Group Inc. grew its position in shares of Americold Realty Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after acquiring an additional 626,160 shares during the period. Empowered Funds LLC acquired a new stake in shares of Americold Realty Trust during the 1st quarter valued at about $240,000. Jane Street Group LLC grew its position in shares of Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after acquiring an additional 5,693 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Americold Realty Trust during the 2nd quarter valued at about $86,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

Shares of NYSE:COLD opened at $15.69 on Monday. The company has a 50-day simple moving average of $12.89 and a 200-day simple moving average of $12.50. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $18.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of -40.22 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The business had revenue of $629.87 million during the quarter, compared to analysts’ expectations of $613.77 million. During the same period in the prior year, the company earned $0.34 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, analysts predict that Americold Realty Trust Inc. will post 1.18 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

Wall Street Analysts Forecast Growth

COLD has been the topic of a number of research reports. Citigroup raised their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Royal Bank Of Canada raised their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Evercore set a $17.00 price target on shares of Americold Realty Trust in a research note on Friday, May 8th. Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. Finally, Piper Sandler began coverage on shares of Americold Realty Trust in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price target for the company. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $14.87.

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.