Americold Realty Trust Inc. $COLD Shares Bought by Cibc World Market Inc.

Cibc World Market Inc. lifted its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 60.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,817 shares of the company’s stock after purchasing an additional 54,572 shares during the period. Cibc World Market Inc. owned about 0.05% of Americold Realty Trust worth $1,862,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Americold Realty Trust by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock worth $496,367,000 after purchasing an additional 388,809 shares during the last quarter. Norges Bank acquired a new position in shares of Americold Realty Trust in the 4th quarter worth approximately $152,684,000. State Street Corp grew its stake in shares of Americold Realty Trust by 4.8% in the 2nd quarter. State Street Corp now owns 10,705,522 shares of the company’s stock worth $180,437,000 after purchasing an additional 493,256 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Americold Realty Trust by 53.4% in the 3rd quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after purchasing an additional 2,754,751 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC grew its stake in shares of Americold Realty Trust by 11.9% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 6,955,290 shares of the company’s stock worth $85,133,000 after purchasing an additional 742,319 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

NYSE COLD opened at $14.88 on Wednesday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $4.25 billion, a PE ratio of -38.16 and a beta of 0.97. The company has a 50 day moving average price of $13.40 and a two-hundred day moving average price of $12.69. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $18.08.

Americold Realty Trust (NYSE:COLD) last posted 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 firm had revenue of $629.87 million during the quarter, compared to analysts’ expectations of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts predict that Americold Realty Trust Inc. will post 1.18 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.23 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 6.2%. Americold Realty Trust’s payout ratio is -235.90%.

Analyst Upgrades and Downgrades

COLD has been the topic of several recent research reports. Wells Fargo & Company lifted their price objective on shares of 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. Piper Sandler initiated coverage on shares of Americold Realty Trust in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 target price on the stock. Evercore set a $17.00 target price on shares of Americold Realty Trust in a research report on Friday, May 8th. Citigroup lifted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, Compass Point initiated coverage on shares of Americold Realty Trust in a research report on Wednesday, March 18th. They issued a “buy” rating and a $14.50 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $14.93.

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.