Janney Montgomery Scott LLC Acquires 73,496 Shares of Americold Realty Trust Inc. $COLD

Janney Montgomery Scott LLC lifted its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 104.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 143,971 shares of the company’s stock after purchasing an additional 73,496 shares during the period. Janney Montgomery Scott LLC’s holdings in Americold Realty Trust were worth $1,650,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in 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 valued at $45,025,000 after purchasing an additional 626,160 shares during the period. Empowered Funds LLC acquired a new stake in shares of Americold Realty Trust during the 1st quarter worth approximately $240,000. Jane Street Group LLC grew its position in shares of Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after buying an additional 5,693 shares during the period. Quantbot Technologies LP bought a new stake in shares of Americold Realty Trust during the second quarter worth approximately $86,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of 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. Institutional investors own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on COLD shares. Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Citigroup upped their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Royal Bank Of Canada increased their price target on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Barclays raised their price target on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Finally, Piper Sandler started coverage on Americold Realty Trust in a research note on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.79.

Americold Realty Trust Stock Down 1.2%

Americold Realty Trust stock opened at $15.54 on Friday. The company’s 50 day simple moving average is $14.80 and its 200 day simple moving average is $13.28. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $17.12. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of -39.83 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The firm had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share. The business’s quarterly revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.16 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 5.9%. Americold Realty Trust’s payout ratio is -235.90%.

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.