Americold Realty Trust (NYSE:COLD) Stock Price Breaks Above 50-Day Moving Average – Here’s What Happened

Americold Realty Trust Inc. (NYSE:COLD)’s share price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $14.40 and traded as high as $14.60. Americold Realty Trust shares last traded at $14.5880, with a volume of 2,557,728 shares traded.

Analysts Set New Price Targets

Several brokerages have recently weighed in on COLD. UBS Group reduced their price target on Americold Realty Trust from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Tuesday, October 20th. Weiss Ratings cut Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. DA Davidson set a $16.00 target price on Americold Realty Trust in a research note on Tuesday, August 18th. Royal Bank Of Canada restated a “sector perform” rating and issued a $16.00 target price on shares of Americold Realty Trust in a research note on Monday, August 17th. Finally, Piper Sandler reduced their target price on Americold Realty Trust from $17.00 to $15.00 and set a “neutral” rating for the company in a report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $15.46.

Americold Realty Trust Trading Down 1.8%

The stock has a market cap of $4.09 billion, a P/E ratio of -9.02 and a beta of 0.92. The firm’s fifty day moving average price is $14.38 and its two-hundred day moving average price is $13.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%. The company had revenue of $662.89 million for the quarter, compared to the consensus estimate of $613.54 million. During the same quarter last year, the business posted $0.36 earnings per share. The firm’s revenue was up 1.9% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts forecast that Americold Realty Trust Inc. will post 1.22 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -57.86%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Patten Group Inc. lifted its position in shares of Americold Realty Trust by 6.8% in the 1st quarter. Patten Group Inc. now owns 21,291 shares of the company’s stock worth $244,000 after purchasing an additional 1,360 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Americold Realty Trust by 51.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,222 shares of the company’s stock valued at $48,000 after purchasing an additional 1,441 shares in the last quarter. Rehmann Capital Advisory Group increased its position in shares of Americold Realty Trust by 13.2% during the second quarter. Rehmann Capital Advisory Group now owns 12,768 shares of the company’s stock valued at $201,000 after buying an additional 1,492 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Americold Realty Trust by 8.4% during the first quarter. PNC Financial Services Group Inc. now owns 19,719 shares of the company’s stock valued at $226,000 after buying an additional 1,529 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Americold Realty Trust by 79.6% during the second quarter. GAMMA Investing LLC now owns 3,834 shares of the company’s stock valued at $60,000 after buying an additional 1,699 shares during the period. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. Through its operating platform, Americold Logistics, the company provides refrigerated and frozen storage, handling, transportation and supply-chain services for food producers, retailers, distributors and other customers.

Its facilities support the movement of perishable products, including meat, seafood, dairy, fruit, vegetables, prepared foods and pharmaceuticals.