Cibc World Market Inc. Has $1.86 Million Stock Holdings in Americold Realty Trust Inc. $COLD

Cibc World Market Inc. lifted its position in Americold Realty Trust Inc. (NYSE:COLD) by 60.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 144,817 shares of the company’s stock after purchasing an additional 54,572 shares during the period. Cibc World Market Inc.’s holdings in Americold Realty Trust were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in shares of Americold Realty Trust by 23.7% in the third quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock worth $11,282,000 after buying an additional 176,581 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Americold Realty Trust by 1.0% in the third 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 last quarter. WINTON GROUP Ltd acquired a new stake in shares of Americold Realty Trust in the third quarter worth $2,663,000. SG Americas Securities LLC acquired a new stake in shares of Americold Realty Trust in the fourth quarter worth $10,118,000. Finally, DAVENPORT & Co LLC lifted its stake in shares of Americold Realty Trust by 39.9% in the fourth quarter. DAVENPORT & Co LLC now owns 4,456,206 shares of the company’s stock worth $57,307,000 after buying an additional 1,271,562 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on COLD shares. Scotiabank boosted 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. Compass Point started coverage on shares of Americold Realty Trust in a research note on Wednesday, March 18th. They issued a “buy” rating and a $14.50 price objective for the company. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Citigroup boosted their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Finally, Royal Bank Of Canada boosted 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. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $14.93.

Americold Realty Trust Price Performance

NYSE:COLD opened at $14.88 on Wednesday. The stock has a market cap of $4.25 billion, a P/E ratio of -38.16 and a beta of 0.97. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $18.08. The company has a fifty day moving average price of $13.40 and a 200 day moving average price of $12.69. 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 (NYSE:COLD) last released its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.33. The firm had revenue of $629.87 million during 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 business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts anticipate that Americold Realty Trust Inc. will post 1.18 earnings per share 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 paid a $0.23 dividend. The ex-dividend date is Tuesday, June 30th. 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 currently -235.90%.

About Americold Realty Trust

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.