Americold Realty Trust Inc. $COLD Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 23.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 188,877 shares of the company’s stock after buying an additional 36,101 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.07% of Americold Realty Trust worth $2,165,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of COLD. Ameriflex Group Inc. purchased a new position in Americold Realty Trust in the fourth quarter worth $26,000. Geneos Wealth Management Inc. boosted its position 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 in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after purchasing an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Americold Realty Trust by 106.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after purchasing an additional 1,432 shares during the period. 98.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on COLD shares. Scotiabank reiterated a “sector perform” rating on shares of Americold Realty Trust in a report on Friday, July 10th. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a report on Friday, May 8th. Evercore upgraded shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 target price on the stock in a research report on Friday, June 26th. Piper Sandler initiated coverage on shares of Americold Realty Trust in a report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 target price for the company. Finally, Barclays increased their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.79.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $15.90 on Friday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $4.54 billion, a P/E ratio of -40.77 and a beta of 0.96. The firm has a 50-day moving average price of $15.03 and a two-hundred day moving average price of $13.38. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $17.12.

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

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 5.8%. Americold Realty Trust’s dividend payout ratio is presently -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.