Short Interest in Americold Realty Trust Inc. (NYSE:COLD) Decreases By 14.0%

Americold Realty Trust Inc. (NYSE:COLD) was the recipient of a significant decline in short interest during 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 shares of the stock are short sold. Based on an average daily volume of 7,106,759 shares, the days-to-cover ratio is currently 2.9 days. Based on an average daily volume of 7,106,759 shares, the days-to-cover ratio is currently 2.9 days. Currently, 7.3% of the shares of the stock are short sold.

Americold Realty Trust Price Performance

Americold Realty Trust stock traded up $0.58 during midday trading on Tuesday, reaching $11.97. 3,511,667 shares of the company were exchanged, compared to its average volume of 4,937,031. The firm’s 50-day simple moving average is $12.77 and its 200-day simple moving average is $12.61. Americold Realty Trust has a 1 year low of $10.10 and a 1 year high of $22.35. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of -29.91, a P/E/G ratio of 3.95 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.12 and a current ratio of 0.12.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $654.55 million. During the same quarter last year, the company posted $0.37 earnings per share. Americold Realty Trust’s revenue for the quarter 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, analysts anticipate that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors 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 yield of 7.7%. Americold Realty Trust’s dividend payout ratio (DPR) is -230.00%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on COLD. Citigroup upped their target price on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Robert W. Baird reiterated a “neutral” rating and issued a $13.00 price objective (down from $16.00) on shares of Americold Realty Trust in a research report on Thursday, December 18th. UBS Group increased their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Zacks Research upgraded shares of Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Wells Fargo & Company upped 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. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.38.

Institutional Trading of Americold Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. LRI Investments LLC lifted its stake in shares of Americold Realty Trust by 90.4% during the 3rd 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. Ameriflex Group Inc. acquired a new position in Americold Realty Trust in the fourth quarter valued at $26,000. Geneos Wealth Management Inc. increased its stake in 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. Caitong International Asset Management Co. Ltd lifted its position in Americold Realty Trust by 63.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after buying an additional 948 shares during the period. Finally, Avalon Trust Co acquired a new stake in Americold Realty Trust in the 3rd quarter worth about $32,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

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.