Vision Capital Corp Raises Stock Position in Americold Realty Trust Inc. $COLD

Vision Capital Corp boosted its stake in Americold Realty Trust Inc. (NYSE:COLD) by 4.5% in the third quarter, HoldingsChannel.com reports. The firm owned 1,999,050 shares of the company’s stock after buying an additional 86,730 shares during the period. Americold Realty Trust accounts for about 7.2% of Vision Capital Corp’s investment portfolio, making the stock its 4th largest holding. Vision Capital Corp’s holdings in Americold Realty Trust were worth $24,468,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Americold Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 38,208,902 shares of the company’s stock worth $467,677,000 after buying an additional 367,920 shares during the period. Norges Bank acquired a new stake in shares of Americold Realty Trust in the second quarter valued at about $206,317,000. State Street Corp increased its stake in shares of Americold Realty Trust by 4.8% in the second quarter. State Street Corp now owns 10,705,522 shares of the company’s stock valued at $180,437,000 after buying an additional 493,256 shares during the period. American Century Companies Inc. raised its position in shares of Americold Realty Trust by 53.4% during the third quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after acquiring an additional 2,754,751 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC raised its position in shares of Americold Realty Trust by 11.9% during the third quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock worth $85,133,000 after acquiring an additional 742,319 shares during the last quarter. 98.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COLD. Zacks Research upgraded Americold Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a report on Thursday, February 5th. JPMorgan Chase & Co. dropped their price target on shares of Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating on the stock in a research report on Friday, November 14th. Truist Financial reduced their price objective on shares of Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, December 24th. Finally, Evercore set a $14.00 price objective on shares of Americold Realty Trust in a research report on Friday, February 20th. Three 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 MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.38.

Americold Realty Trust Trading Up 0.2%

Shares of Americold Realty Trust stock traded up $0.02 on Friday, hitting $11.30. 714,462 shares of the company’s stock traded hands, compared to its average volume of 4,913,273. The company has a fifty day moving average of $12.84 and a two-hundred day moving average of $12.70. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $22.35. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of -28.29, a price-to-earnings-growth ratio of 4.20 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.12 and a quick ratio of 0.12.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The company’s revenue for the quarter was down 1.2% 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, sell-side analysts expect that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.23 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 8.1%. Americold Realty Trust’s payout ratio is currently -230.00%.

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.