Americold Realty Trust Inc. $COLD Holdings Increased by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 23.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,393,193 shares of the company’s stock after acquiring an additional 1,022,408 shares during the period. Geode Capital Management LLC’s holdings in Americold Realty Trust were worth $69,371,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COLD. Geneos Wealth Management Inc. raised its position in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after buying an additional 948 shares in the last quarter. Avalon Trust Co bought a new stake in shares of Americold Realty Trust during the 3rd quarter worth about $32,000. Farther Finance Advisors LLC raised its position in shares of Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after buying an additional 942 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Americold Realty Trust by 106.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after purchasing an additional 1,432 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COLD has been the topic of several recent research reports. Royal Bank Of Canada lifted their price objective on shares of 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. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Evercore set a $17.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Scotiabank lifted their price objective on shares of Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen cut shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $14.93.

Americold Realty Trust Stock Performance

Shares of COLD opened at $14.49 on Tuesday. The firm’s 50 day moving average is $13.32 and its 200-day moving average is $12.66. The stock has a market capitalization of $4.13 billion, a P/E ratio of -37.14 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. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $18.08.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, topping 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 net margin of 4.29% and a negative return on equity of 3.73%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm posted $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts anticipate that Americold Realty Trust Inc. will post 1.18 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently announced 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. This represents a $0.92 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -235.90%.

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.