Hsbc Holdings PLC Makes New $10.61 Million Investment in Americold Realty Trust Inc. $COLD

Hsbc Holdings PLC bought a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 673,314 shares of the company’s stock, valued at approximately $10,605,000. Hsbc Holdings PLC owned about 0.24% of Americold Realty Trust at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in COLD. Geneos Wealth Management Inc. grew 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 valued at $27,000 after purchasing an additional 806 shares in the last quarter. Ameriflex Group Inc. purchased a new position in Americold Realty Trust during the fourth quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its stake in 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 during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in 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 in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after buying an additional 942 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $15.09 on Friday. The firm’s 50 day moving average price is $15.11 and its 200-day moving average price is $13.77. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.10 and a current ratio of 0.10. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $16.88. The firm has a market cap of $4.31 billion, a P/E ratio of -9.49 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data 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 analysts’ expectations of $613.54 million. During the same quarter last year, the company posted $0.36 EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts predict that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -57.86%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on COLD shares. DA Davidson set a $16.00 price target on Americold Realty Trust in a report on Tuesday, August 18th. UBS Group upped their price objective on shares of Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, July 17th. KeyCorp restated an “overweight” rating on shares of Americold Realty Trust in a research report on Monday, August 10th. Royal Bank Of Canada restated a “sector perform” rating and set a $16.00 price objective on shares of Americold Realty Trust in a research report on Monday, August 17th. Finally, Barclays lifted their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Four equities 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $15.63.

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.