SG Americas Securities LLC Buys 115,630 Shares of Americold Realty Trust Inc. $COLD

SG Americas Securities LLC lifted its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 14.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 902,429 shares of the company’s stock after purchasing an additional 115,630 shares during the period. SG Americas Securities LLC’s holdings in Americold Realty Trust were worth $10,342,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its stake in Americold Realty Trust by 100.0% in the second 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 during the last quarter. Ameriflex Group Inc. bought a new stake in shares of Americold Realty Trust in the fourth quarter valued at $26,000. EverSource Wealth Advisors LLC raised its stake in shares of Americold Realty Trust by 252.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after buying an additional 1,593 shares during the period. Caitong International Asset Management Co. Ltd lifted 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 buying an additional 948 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted 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 buying an additional 942 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on COLD. Wells Fargo & Company increased 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. Compass Point initiated coverage on shares of Americold Realty Trust in a report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price objective on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday. Royal Bank Of Canada lifted their target price on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Piper Sandler started coverage on shares of Americold Realty Trust in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Americold Realty Trust currently has an average rating of “Hold” and an average target price of $14.79.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $15.97 on Friday. The firm has a market capitalization of $4.56 billion, a P/E ratio of -40.96 and a beta of 0.97. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $17.28. 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 business has a fifty day moving average price of $14.11 and a 200-day moving average price of $13.02.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data 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 for 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 firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 EPS. 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 1.16 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

Americold Realty Trust Company 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.