Pensionfund PDN bought a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 94,000 shares of the company’s stock, valued at approximately $1,209,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake 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 worth $45,025,000 after acquiring an additional 626,160 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Americold Realty Trust in the 1st quarter valued at approximately $240,000. Jane Street Group LLC lifted its holdings in Americold Realty Trust by 8.7% in the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after purchasing an additional 5,693 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Americold Realty Trust by 110.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,328 shares of the company’s stock worth $122,000 after purchasing an additional 3,838 shares during the last quarter. Finally, Creative Planning boosted its position in Americold Realty Trust by 25.8% during the second quarter. Creative Planning now owns 58,573 shares of the company’s stock worth $974,000 after purchasing an additional 12,004 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on COLD shares. Citigroup increased their price target on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. UBS Group boosted their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Truist Financial decreased their price objective on shares of Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, December 24th. Compass Point began coverage on shares of Americold Realty Trust in a report on Wednesday, March 18th. They issued a “buy” rating and a $14.50 target price on the stock. Finally, Scotiabank raised shares of Americold Realty Trust to a “hold” rating in a research report on Wednesday, March 11th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Americold Realty Trust has a consensus rating of “Hold” and a consensus target price of $14.39.
Americold Realty Trust Trading Up 0.1%
Shares of Americold Realty Trust stock opened at $11.27 on Tuesday. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $22.03. The company’s fifty day simple moving average is $12.62 and its 200-day simple moving average is $12.52. The company has a market cap of $3.21 billion, a price-to-earnings ratio of -28.16, a PEG ratio of 3.89 and a beta of 0.89. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17.
Americold Realty Trust (NYSE:COLD – Get Free Report) last released its 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). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The company had revenue of $658.45 million for the quarter, compared to analyst estimates of $654.55 million. During the same quarter in the previous year, the company earned $0.37 earnings per share. Americold Realty Trust’s revenue for the quarter was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts expect that Americold Realty Trust Inc. will post 1.47 EPS for the current year.
Americold Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.2%. Americold Realty Trust’s dividend payout ratio is currently -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.
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