Longfellow Investment Management Co. LLC Acquires Shares of 208,735 Americold Realty Trust Inc. $COLD

Longfellow Investment Management Co. LLC acquired a new stake in Americold Realty Trust Inc. (NYSE:COLD) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 208,735 shares of the company’s stock, valued at approximately $2,684,000. Americold Realty Trust makes up 0.6% of Longfellow Investment Management Co. LLC’s portfolio, making the stock its 23rd biggest position.

Several other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in shares of Americold Realty Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock worth $45,025,000 after purchasing an additional 626,160 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Americold Realty Trust during the 1st quarter worth $240,000. Jane Street Group LLC boosted its position in shares of Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after purchasing an additional 5,693 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Americold Realty Trust during the 2nd quarter worth $86,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after purchasing an additional 1,593 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on COLD shares. Royal Bank Of Canada boosted their target price on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Robert W. Baird set a $15.00 target price on shares of Americold Realty Trust in a research report on Friday, May 8th. Piper Sandler started coverage on shares of Americold Realty Trust in a research report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 target price on the stock. Finally, Evercore set a $17.00 target price on shares of Americold Realty Trust in a research report on Friday, May 8th. 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 stock. According to MarketBeat, Americold Realty Trust presently has a consensus rating of “Reduce” and a consensus price target of $14.93.

Americold Realty Trust Stock Down 1.6%

Shares of NYSE COLD opened at $14.73 on Friday. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $18.08. The company has a market capitalization of $4.20 billion, a PE ratio of -37.77 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The firm’s 50-day moving average is $13.25 and its two-hundred day moving average is $12.62.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.33. The business had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The business’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts anticipate that Americold Realty Trust Inc. will post 1.18 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Tuesday, June 30th. 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.