Aristotle Capital Boston LLC increased its position in Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 14.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 802,884 shares of the company’s stock after buying an additional 101,235 shares during the period. Aristotle Capital Boston LLC’s holdings in Americold Realty Trust were worth $9,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. 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 during the last quarter. LRI Investments LLC increased its stake in shares of 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 during the period. EverSource Wealth Advisors LLC lifted 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 worth $37,000 after purchasing an additional 1,593 shares during the last quarter. Avalon Trust Co acquired a new position in shares of Americold Realty Trust during the 3rd quarter worth about $32,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Americold Realty Trust during the 3rd quarter worth about $61,000. Institutional investors and hedge funds own 98.14% of the company’s stock.
Analysts Set New Price Targets
COLD has been the topic of a number of research analyst reports. Scotiabank raised Americold Realty Trust to a “hold” rating in a report on Wednesday. Evercore set a $14.00 price target on Americold Realty Trust in a report on Friday, February 20th. Barclays reduced their price objective on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Citigroup raised their price objective on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Finally, Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $14.38.
Americold Realty Trust Stock Down 1.2%
COLD stock opened at $11.15 on Friday. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $22.35. 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 $3.17 billion, a PE ratio of -27.86, a price-to-earnings-growth ratio of 3.95 and a beta of 0.89. The business’s 50-day simple moving average is $12.81 and its 200 day simple moving average is $12.65.
Americold Realty Trust (NYSE:COLD – Get Free Report) last posted 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). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The firm had revenue of $658.45 million during the quarter, compared to analyst estimates of $654.55 million. During the same period last year, the company earned $0.37 EPS. The company’s revenue 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, research analysts anticipate that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.
Americold Realty Trust Dividend Announcement
The company 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 is Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.3%. Americold Realty Trust’s payout ratio is currently -230.00%.
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.
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