Rock Point Advisors LLC Raises Stock Holdings in Americold Realty Trust Inc. $COLD

Rock Point Advisors LLC raised its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 8.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 488,740 shares of the company’s stock after purchasing an additional 38,670 shares during the quarter. Americold Realty Trust makes up approximately 1.6% of Rock Point Advisors LLC’s portfolio, making the stock its 24th largest holding. Rock Point Advisors LLC’s holdings in Americold Realty Trust were worth $6,285,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in COLD. Versor Investments LP raised its holdings in shares of Americold Realty Trust by 14.6% during the fourth quarter. Versor Investments LP now owns 59,700 shares of the company’s stock valued at $768,000 after purchasing an additional 7,600 shares during the last quarter. Nwam LLC boosted its holdings in Americold Realty Trust by 33.8% in the fourth quarter. Nwam LLC now owns 15,339 shares of the company’s stock worth $199,000 after purchasing an additional 3,877 shares during the last quarter. American Assets Inc. grew its position in Americold Realty Trust by 20.0% in the 4th quarter. American Assets Inc. now owns 60,000 shares of the company’s stock worth $772,000 after purchasing an additional 10,000 shares during the period. Ethic Inc. bought a new stake in Americold Realty Trust in the 4th quarter worth approximately $304,000. Finally, Connable Office Inc. purchased a new stake in Americold Realty Trust during the 4th quarter valued at $284,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on COLD. Citigroup increased their price target on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Robert W. Baird set a $15.00 price objective on Americold Realty Trust in a research report on Friday. Piper Sandler assumed coverage on Americold Realty Trust in a report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research report on Friday, March 27th. Finally, Wells Fargo & Company boosted their price target on Americold Realty Trust from $11.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $14.43.

Americold Realty Trust Trading Up 1.5%

Shares of NYSE:COLD opened at $14.78 on Wednesday. The stock has a 50 day moving average of $12.20 and a 200 day moving average of $12.31. The company has a market cap of $4.22 billion, a PE ratio of -37.89 and a beta of 0.89. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $18.25.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.33. The company had revenue of $629.87 million for the quarter, compared to analysts’ expectations of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts expect 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 was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. Americold Realty Trust’s dividend payout ratio is -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.