Americold Realty Trust Inc. $COLD Shares Sold by Royal Bank of Canada

Royal Bank of Canada cut its stake in Americold Realty Trust Inc. (NYSE:COLD) by 3.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,729,215 shares of the company’s stock after selling 104,867 shares during the period. Royal Bank of Canada’s holdings in Americold Realty Trust were worth $31,278,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. bought a new stake in Americold Realty Trust during the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. boosted its stake in Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd increased 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 valued at $30,000 after purchasing an additional 948 shares during the period. Farther Finance Advisors LLC increased 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 valued at $36,000 after purchasing an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC raised 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 buying an additional 1,432 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on COLD shares. Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Robert W. Baird set a $15.00 target price on Americold Realty Trust in a research report on Friday, May 8th. UBS Group upped their target price on Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Wells Fargo & Company lifted their price target on Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, Royal Bank Of Canada boosted their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Americold Realty Trust has a consensus rating of “Hold” and an average price target of $15.25.

Americold Realty Trust Trading Up 0.2%

NYSE COLD opened at $14.12 on Tuesday. The firm’s 50 day moving average price is $15.07 and its two-hundred day moving average price is $13.52. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $16.88. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of -36.22 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. The company had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts anticipate that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is currently -235.90%.

Americold Realty Trust 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.