Abel Hall LLC Purchases 63,925 Shares of Americold Realty Trust Inc. $COLD

Abel Hall LLC boosted its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 429.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 78,819 shares of the company’s stock after purchasing an additional 63,925 shares during the period. Abel Hall LLC’s holdings in Americold Realty Trust were worth $903,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of COLD. WINTON GROUP Ltd bought a new stake in Americold Realty Trust during the third quarter valued at about $2,663,000. DAVENPORT & Co LLC raised its stake in shares of Americold Realty Trust by 39.9% in the fourth quarter. DAVENPORT & Co LLC now owns 4,456,206 shares of the company’s stock worth $57,307,000 after buying an additional 1,271,562 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Americold Realty Trust by 97.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,691,567 shares of the company’s stock valued at $20,705,000 after buying an additional 835,135 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Americold Realty Trust during the 4th quarter valued at about $10,118,000. Finally, TBH Global Asset Management LLC bought a new position in shares of Americold Realty Trust during the 4th quarter valued at approximately $1,163,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $16.24 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $4.63 billion, a P/E ratio of -41.64 and a beta of 0.96. The firm’s fifty day moving average is $14.45 and its two-hundred day moving average is $13.17. Americold Realty Trust Inc. has a 52-week low of $10.10 and a 52-week high of $17.12.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.33. The business had revenue of $629.87 million during the quarter, compared to the consensus estimate 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 business’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, analysts anticipate that Americold Realty Trust Inc. will post 1.16 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 5.7%. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on COLD shares. Royal Bank Of Canada increased 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 report on Tuesday, May 26th. Compass Point began coverage on shares of Americold Realty Trust in a report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price target on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday, June 24th. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $14.79.

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.