Sanctuary Advisors LLC Invests $692,000 in Americold Realty Trust Inc. $COLD

Sanctuary Advisors LLC purchased a new stake in Americold Realty Trust Inc. (NYSE:COLD) during the 2nd quarter, HoldingsChannel reports. The fund purchased 43,994 shares of the company’s stock, valued at approximately $692,000.

A number of other institutional investors also recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in Americold Realty Trust in the 2nd quarter worth approximately $3,784,000. Capital Square LLC bought a new stake in Americold Realty Trust during the 2nd quarter valued at $461,000. Pinnacle Holdings LLC bought a new stake in Americold Realty Trust during the 2nd quarter valued at $2,057,000. Clear Harbor Asset Management LLC purchased a new stake in shares of Americold Realty Trust during the second quarter worth $1,230,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Americold Realty Trust during the second quarter worth $1,241,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COLD has been the subject of a number of analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $16.00 price target on shares of Americold Realty Trust in a report on Monday, August 17th. Wells Fargo & Company increased their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Evercore restated an “outperform” rating and issued a $19.00 target price on shares of Americold Realty Trust in a research note on Friday, August 7th. UBS Group lifted 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. Finally, Scotiabank upped their price target on Americold Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a research report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Americold Realty Trust presently has an average rating of “Hold” and an average target price of $15.63.

Americold Realty Trust Stock Up 0.4%

Shares of NYSE:COLD opened at $15.09 on Friday. The firm has a fifty day moving average price of $15.11 and a two-hundred day moving average price of $13.77. 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 Inc. has a one year low of $10.10 and a one year high of $16.88. The company has a market cap of $4.31 billion, a price-to-earnings ratio of -9.49 and a beta of 0.97.

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 during 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 business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts anticipate that Americold Realty Trust Inc. will post 1.15 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.1%. The ex-dividend date 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.