Americold Realty Trust Inc. $COLD Shares Sold by APG Asset Management US Inc.

APG Asset Management US Inc. decreased its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 10.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 12,139,704 shares of the company’s stock after selling 1,369,006 shares during the quarter. Americold Realty Trust comprises about 1.1% of APG Asset Management US Inc.’s investment portfolio, making the stock its 20th biggest holding. APG Asset Management US Inc.’s holdings in Americold Realty Trust were worth $149,440,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COLD. LRI Investments LLC grew its stake in shares of Americold Realty Trust by 90.4% during the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of 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 period. Avalon Trust Co purchased a new stake in Americold Realty Trust during the third quarter worth about $32,000. EverSource Wealth Advisors LLC grew its position in Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after buying an additional 1,593 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in Americold Realty Trust during the third quarter worth about $61,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on COLD shares. Bank of America downgraded shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a research report on Thursday, February 5th. Robert W. Baird reaffirmed a “neutral” rating and issued a $13.00 price objective (down from $16.00) on shares of Americold Realty Trust in a research note on Thursday, December 18th. Truist Financial decreased their target price on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, December 24th. Royal Bank Of Canada lowered Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, JPMorgan Chase & Co. cut their price target on Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, November 14th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $14.15.

Americold Realty Trust Trading Down 1.3%

Shares of COLD stock opened at $13.40 on Friday. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of -33.51, a PEG ratio of 4.75 and a beta of 0.91. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $12.91 and a 200 day moving average price of $12.83. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $23.05.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The firm had revenue of $658.45 million for the quarter, compared to analysts’ expectations of $654.55 million. Americold Realty Trust had a negative return on equity of 3.64% and a negative net margin of 4.40%.The business’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Research analysts forecast that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.23 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.92 annualized dividend and a yield of 6.9%. Americold Realty Trust’s payout ratio is -230.00%.

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.