Cibc World Market Inc. Purchases Shares of 52,000 Americold Realty Trust Inc. $COLD

Cibc World Market Inc. acquired a new position in Americold Realty Trust Inc. (NYSE:COLD) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 52,000 shares of the company’s stock, valued at approximately $817,000.

Several other institutional investors also recently modified their holdings of COLD. Ameriflex Group Inc. bought a new stake in shares of Americold Realty Trust during the fourth quarter valued at approximately $26,000. Geneos Wealth Management Inc. lifted its position in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares during the period. Farther Finance Advisors LLC lifted its position in Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after purchasing an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in Americold Realty Trust by 106.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after buying an additional 1,432 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

COLD has been the topic of several analyst reports. Scotiabank boosted their price target on shares of Americold Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a report on Thursday, August 13th. Evercore reaffirmed an “outperform” rating and set a $19.00 price objective on shares of Americold Realty Trust in a report on Friday, August 7th. UBS Group lifted their target price on shares of Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Piper Sandler upped their target price on shares of Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $16.00 price target on shares of Americold Realty Trust in a research report on Monday, August 17th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.63.

Americold Realty Trust Trading Down 1.3%

Shares of COLD stock opened at $15.07 on Friday. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $16.88. The company has a market capitalization of $4.30 billion, a P/E ratio of -9.48 and a beta of 0.97. The firm has a 50-day moving average price of $15.09 and a 200 day moving average price of $13.77. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.25.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The firm had revenue of $662.89 million for the quarter, compared to analyst estimates of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Research analysts forecast that Americold Realty Trust Inc. will post 1.15 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, September 30th. Americold Realty Trust’s payout ratio is presently -57.86%.

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.