Rush Island Management LP Acquires 168,657 Shares of Americold Realty Trust Inc. $COLD

Rush Island Management LP grew its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 5.8% in the first quarter, Holdings Channel reports. The firm owned 3,097,316 shares of the company’s stock after acquiring an additional 168,657 shares during the period. Americold Realty Trust accounts for approximately 2.4% of Rush Island Management LP’s holdings, making the stock its 13th largest position. Rush Island Management LP’s holdings in Americold Realty Trust were worth $35,495,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Quantinno Capital Management LP increased its stake in Americold Realty Trust by 8.3% in the 1st quarter. Quantinno Capital Management LP now owns 509,391 shares of the company’s stock worth $5,838,000 after buying an additional 39,100 shares during the period. SummitTX Capital L.P. bought a new stake in Americold Realty Trust during the 1st quarter valued at about $1,065,000. Entropy Technologies LP boosted its position in Americold Realty Trust by 7.9% in the 1st quarter. Entropy Technologies LP now owns 80,633 shares of the company’s stock valued at $924,000 after buying an additional 5,871 shares during the period. Renaissance Technologies LLC boosted its position in Americold Realty Trust by 3.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,674,800 shares of the company’s stock valued at $19,193,000 after buying an additional 52,800 shares during the period. Finally, Keebeck Wealth Management grew its stake in Americold Realty Trust by 18.5% in the 1st quarter. Keebeck Wealth Management now owns 25,000 shares of the company’s stock worth $286,000 after acquiring an additional 3,900 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Down 0.2%

Shares of Americold Realty Trust stock opened at $14.60 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of -37.43 and a beta of 0.96. The firm’s 50-day moving average is $15.09 and its two-hundred day moving average is $13.49. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $16.88.

Americold Realty Trust (NYSE:COLD) last posted its quarterly 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. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The business had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter in the previous year, the business posted $0.34 EPS. The company’s quarterly revenue was up .2% 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, research analysts expect 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 disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -235.90%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. UBS Group boosted their price target on Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Scotiabank set a $15.00 price objective on Americold Realty Trust in a research note on Friday. Weiss Ratings upgraded Americold Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Finally, Barclays lifted their target price on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Americold Realty Trust has an average rating of “Hold” and an average target price of $15.25.

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.