Americold Realty Trust Inc. (NYSE:COLD) Short Interest Down 14.0% in February

Americold Realty Trust Inc. (NYSE:COLD) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 20,628,535 shares, a decline of 14.0% from the February 12th total of 23,978,762 shares. Currently, 7.3% of the company’s shares are short sold. Based on an average daily volume of 7,106,759 shares, the short-interest ratio is presently 2.9 days. Based on an average daily volume of 7,106,759 shares, the short-interest ratio is presently 2.9 days. Currently, 7.3% of the company’s shares are short sold.

Americold Realty Trust Stock Up 1.1%

Shares of COLD traded up $0.13 during midday trading on Wednesday, reaching $12.11. 682,670 shares of the stock were exchanged, compared to its average volume of 4,888,561. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $22.14. The firm has a 50 day simple moving average of $12.75 and a 200-day simple moving average of $12.60. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17. The company has a market cap of $3.45 billion, a price-to-earnings ratio of -30.34, a P/E/G ratio of 3.94 and a beta of 0.89.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.68). The firm had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.37 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Research analysts forecast that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Americold Realty Trust’s payout ratio is currently -230.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. LRI Investments LLC boosted its holdings in Americold Realty Trust by 90.4% in the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Americold Realty Trust in the fourth quarter worth about $26,000. Geneos Wealth Management Inc. lifted its position in shares of Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after acquiring an additional 948 shares in the last quarter. Finally, Avalon Trust Co bought a new stake in shares of Americold Realty Trust during the 3rd quarter worth about $32,000. Institutional investors own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Compass Point initiated coverage on Americold Realty Trust in a research report on Wednesday. They issued a “buy” rating and a $14.50 price target for the company. UBS Group boosted their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Barclays reduced their price objective on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research report on Monday, December 29th. Finally, Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Americold Realty Trust has a consensus rating of “Hold” and an average price target of $14.39.

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.