300,000 Shares in Americold Realty Trust Inc. $COLD Bought by Barington Companies Management LLC

Barington Companies Management LLC acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) in the fourth quarter, Holdings Channel reports. The firm acquired 300,000 shares of the company’s stock, valued at approximately $3,858,000. Americold Realty Trust accounts for about 2.5% of Barington Companies Management LLC’s holdings, making the stock its 10th largest holding.

A number of other hedge funds have also recently made changes to their positions in COLD. Geneos Wealth Management Inc. lifted its stake in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Americold Realty Trust by 63.3% in the third 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. Avalon Trust Co purchased a new stake in Americold Realty Trust in the third quarter valued at about $32,000. Farther Finance Advisors LLC raised its stake in Americold Realty Trust by 51.1% in the fourth 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. Finally, EverSource Wealth Advisors LLC raised its stake in Americold Realty Trust by 106.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock valued at $36,000 after buying an additional 1,432 shares during the last quarter. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on COLD. Scotiabank increased their price target on Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a research note on Thursday, May 14th. Barclays increased their price target on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research note on Friday, May 15th. Royal Bank Of Canada increased their price target on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Wells Fargo & Company increased their price target on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Wall Street Zen cut Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $14.71.

Americold Realty Trust Stock Down 1.4%

Americold Realty Trust stock opened at $14.47 on Friday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of -37.09 and a beta of 0.97. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $17.52. The business’s 50-day moving average price is $13.59 and its 200 day moving average price is $12.77. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. The business had revenue of $629.87 million during the quarter, compared to analysts’ expectations 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 business’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.23 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.4%. Americold Realty Trust’s payout ratio is -235.90%.

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.