Diversify Wealth Management LLC Invests $723,000 in Americold Realty Trust Inc. $COLD

Diversify Wealth Management LLC bought a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 60,259 shares of the company’s stock, valued at approximately $723,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COLD. JPMorgan Chase & Co. increased its position in shares of Americold Realty Trust by 97.5% in 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. DAVENPORT & Co LLC boosted its position in shares of Americold Realty Trust by 39.9% during 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. TBH Global Asset Management LLC bought a new position in shares of Americold Realty Trust during the 4th quarter worth approximately $1,163,000. SG Americas Securities LLC acquired a new stake in Americold Realty Trust in the 4th quarter valued at $10,118,000. Finally, Pensionfund PDN acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at about $1,209,000. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

COLD has been the topic of several analyst reports. Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research report on Friday, May 8th. Scotiabank reaffirmed a “sector perform” rating on shares of Americold Realty Trust in a research report on Friday, July 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday, June 24th. Evercore upgraded shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 price objective for the company in a research note on Friday, June 26th. 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 investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Americold Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $14.79.

Americold Realty Trust Stock Performance

Americold Realty Trust stock opened at $15.90 on Friday. The business’s 50-day moving average price is $15.03 and its two-hundred day moving average price is $13.38. The stock has a market cap of $4.54 billion, a PE ratio of -40.77 and a beta of 0.96. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $17.12. 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 issued 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. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The business had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. During the same quarter in the prior year, the firm earned $0.34 EPS. 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. As a group, analysts expect that Americold Realty Trust Inc. will post 1.16 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 5.8%. Americold Realty Trust’s payout ratio is currently -235.90%.

Americold Realty Trust Profile

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.