OVERSEA CHINESE BANKING Corp Ltd Buys Shares of 184,866 Americold Realty Trust Inc. $COLD

OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) in the second quarter, according to its most recent filing with the SEC. The firm purchased 184,866 shares of the company’s stock, valued at approximately $2,906,000.

A number of other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust in the 4th quarter worth about $26,000. Geneos Wealth Management Inc. grew its stake in Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after acquiring an additional 806 shares during the period. 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 during the period. Farther Finance Advisors LLC increased its holdings in shares of Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after buying an additional 942 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Americold Realty Trust by 106.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after purchasing an additional 1,432 shares in the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

COLD opened at $15.08 on Friday. The company has a market capitalization of $4.31 billion, a P/E ratio of -9.48 and a beta of 0.97. The company has a 50-day moving average of $15.00 and a 200-day moving average of $13.67. 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 1-year low of $10.10 and a 1-year high of $16.88.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The business had revenue of $662.89 million for the quarter, compared to analysts’ expectations of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts expect that Americold Realty Trust Inc. will post 1.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

COLD has been the subject of several recent research reports. Scotiabank increased their price target on Americold Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a report on Thursday, August 13th. Evercore restated an “outperform” rating and set a $19.00 price objective on shares of Americold Realty Trust in a research note on Friday, August 7th. DA Davidson set a $16.00 price objective on Americold Realty Trust in a report on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $16.00 target price on shares of Americold Realty Trust in a research report on Monday. Finally, Robert W. Baird set a $15.00 target price on Americold Realty Trust in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $15.63.

Americold Realty Trust 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.