Americold Realty Trust Inc. $COLD Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,139 shares of the company’s stock after buying an additional 7,100 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Americold Realty Trust were worth $3,129,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of COLD. Massachusetts Financial Services Co. MA boosted its position in Americold Realty Trust by 649.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,158,779 shares of the company’s stock worth $89,247,000 after acquiring an additional 3,603,716 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Americold Realty Trust by 1,567.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,960,873 shares of the company’s stock worth $63,541,000 after purchasing an additional 2,783,264 shares during the last quarter. Nuveen LLC acquired a new position in shares of Americold Realty Trust during the 1st quarter worth approximately $33,751,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Americold Realty Trust in the first quarter valued at approximately $33,013,000. Finally, Private Management Group Inc. acquired a new stake in shares of Americold Realty Trust in the first quarter valued at approximately $27,860,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wall Street Zen lowered Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Truist Financial lowered their price target on shares of Americold Realty Trust from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, September 25th. KeyCorp dropped their price objective on shares of Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. Evercore ISI reaffirmed an “in-line” rating and set a $13.00 target price (down from $19.00) on shares of Americold Realty Trust in a research note on Friday, November 7th. Finally, UBS Group decreased their target price on shares of Americold Realty Trust from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Monday. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Americold Realty Trust presently has a consensus rating of “Hold” and an average price target of $16.85.

Americold Realty Trust Trading Down 3.1%

Shares of NYSE COLD opened at $10.71 on Friday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $3.05 billion, a PE ratio of -56.37, a PEG ratio of 4.00 and a beta of 0.84. Americold Realty Trust Inc. has a twelve month low of $10.61 and a twelve month high of $24.22. The stock has a fifty day simple moving average of $12.95 and a 200-day simple moving average of $15.28.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, November 6th. The company reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The company had revenue of $663.67 million during the quarter, compared to analysts’ expectations of $659.51 million. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.Americold Realty Trust’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period last year, the business posted $0.35 EPS. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. On average, equities analysts forecast that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.23 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.6%. Americold Realty Trust’s payout ratio is -418.18%.

Americold Realty Trust Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.