Elevation Point Wealth Partners LLC Purchases Shares of 77,801 Americold Realty Trust Inc. $COLD

Elevation Point Wealth Partners LLC bought a new stake in Americold Realty Trust Inc. (NYSE:COLD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 77,801 shares of the company’s stock, valued at approximately $1,241,000.

A number of other large investors have also bought and sold shares of COLD. Ameriflex Group Inc. acquired a new position in Americold Realty Trust in the fourth quarter worth $26,000. Geneos Wealth Management Inc. increased its stake 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 buying an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Americold Realty Trust by 63.3% in the third 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 last quarter. Farther Finance Advisors LLC raised its holdings in shares of Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after buying an additional 942 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted 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 buying an additional 1,432 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Price Performance

Shares of COLD stock opened at $15.24 on Monday. The firm’s 50 day moving average price is $15.01 and its two-hundred day moving average price is $13.69. 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 52-week low of $10.10 and a 52-week high of $16.88. The stock has a market cap of $4.35 billion, a PE ratio of -9.58 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company had revenue of $662.89 million during the quarter, compared to analysts’ expectations of $613.54 million. During the same quarter in the previous year, the company posted $0.36 EPS. The business’s revenue for the quarter was up 1.9% 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, analysts forecast that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on COLD. Bank of America upgraded shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $15.00 to $16.00 in a research report on Tuesday, August 18th. UBS Group boosted their price objective on shares of Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Piper Sandler increased their price objective on Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Wall Street Zen raised Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $16.00 target price on shares of Americold Realty Trust in a research report on Monday, August 17th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $15.63.

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.