Wellspring Financial Advisors LLC Takes Position in Americold Realty Trust Inc. $COLD

Wellspring Financial Advisors LLC acquired a new stake in Americold Realty Trust Inc. (NYSE:COLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 51,498 shares of the company’s stock, valued at approximately $662,000.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Americold Realty Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock valued at $496,367,000 after buying an additional 388,809 shares during the last quarter. Norges Bank purchased a new position in shares of Americold Realty Trust during the 4th quarter worth $152,684,000. State Street Corp lifted its stake in shares of Americold Realty Trust by 4.8% during the 2nd quarter. State Street Corp now owns 10,705,522 shares of the company’s stock worth $180,437,000 after purchasing an additional 493,256 shares during the period. American Century Companies Inc. lifted its stake in shares of Americold Realty Trust by 53.4% during the 3rd quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after purchasing an additional 2,754,751 shares during the period. Finally, Lasalle Investment Management Securities LLC lifted its stake in shares of Americold Realty Trust by 11.9% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock worth $85,133,000 after purchasing an additional 742,319 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on COLD. Royal Bank Of Canada increased their price target on Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Compass Point began coverage on Americold Realty Trust in a research note on Wednesday, March 18th. They set a “buy” rating and a $14.50 price target on the stock. Robert W. Baird set a $15.00 price target on Americold Realty Trust in a research note on Friday, May 8th. Finally, Wall Street Zen lowered Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of “Reduce” and an average target price of $14.93.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $14.35 on Thursday. Americold Realty Trust Inc. has a 52-week low of $10.10 and a 52-week high of $18.08. The firm has a fifty day moving average of $13.46 and a 200-day moving average of $12.72. The firm has a market capitalization of $4.10 billion, a P/E ratio of -36.80 and a beta of 0.97. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping 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 company had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The business’s quarterly revenue was up .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, analysts predict that Americold Realty Trust Inc. will post 1.18 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given 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 6.4%. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

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.