Dockside LLC Acquires New Stake in Americold Realty Trust Inc. $COLD

Dockside LLC acquired a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 66,420 shares of the company’s stock, valued at approximately $854,000.

A number of other large investors also recently bought and sold shares of COLD. Goldman Sachs Group Inc. boosted its holdings in Americold Realty Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after acquiring an additional 626,160 shares during the period. Empowered Funds LLC purchased a new position in Americold Realty Trust during the 1st quarter valued at $240,000. Jane Street Group LLC boosted its holdings in Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after acquiring an additional 5,693 shares during the period. Quantbot Technologies LP purchased a new position in Americold Realty Trust during the 2nd quarter valued at $86,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 0.0%

Americold Realty Trust stock opened at $14.47 on Monday. The stock has a 50-day moving average of $13.59 and a two-hundred day moving average of $12.78. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $17.52. The stock has a market cap of $4.13 billion, a PE ratio of -37.09 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company had revenue of $629.87 million during the quarter, compared to analysts’ expectations of $613.77 million. During the same period last year, the business posted $0.34 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts anticipate that Americold Realty Trust Inc. will post 1.16 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently declared 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 6.4%. Americold Realty Trust’s dividend payout ratio (DPR) is -235.90%.

Wall Street Analyst Weigh In

COLD has been the subject of several research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a report on Friday, March 27th. Robert W. Baird set a $15.00 target price on Americold Realty Trust in a report on Friday, May 8th. Piper Sandler initiated coverage on Americold Realty Trust in a report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 target price for the company. Wall Street Zen cut Americold Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Finally, Wells Fargo & Company upped their target price 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. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $14.71.

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.