Americold Realty Trust Inc. $COLD Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. grew its position in Americold Realty Trust Inc. (NYSE:COLD) by 53.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 228,869 shares of the company’s stock after acquiring an additional 79,329 shares during the quarter. D.A. Davidson & CO.’s holdings in Americold Realty Trust were worth $2,623,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in COLD. Goldman Sachs Group Inc. grew its holdings in shares of Americold Realty Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock worth $45,025,000 after buying an additional 626,160 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Americold Realty Trust in the first quarter worth about $240,000. Jane Street Group LLC boosted its position in Americold Realty Trust by 8.7% during the first quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after acquiring an additional 5,693 shares during the last quarter. Quantbot Technologies LP acquired a new position in Americold Realty Trust during the second quarter worth about $86,000. Finally, EverSource Wealth Advisors LLC grew its stake 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 in 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. Citigroup increased their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. UBS Group boosted their target price on Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday. Piper Sandler initiated coverage on Americold Realty Trust in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price target for the company. Scotiabank reaffirmed a “sector perform” rating on shares of Americold Realty Trust in a report on Friday, July 10th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $15.00.

Americold Realty Trust Stock Down 2.9%

Shares of NYSE COLD opened at $15.46 on Tuesday. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of -39.65 and a beta of 0.96. 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 Inc. has a 52-week low of $10.10 and a 52-week high of $17.12. The business’s 50 day moving average is $15.07 and its two-hundred day moving average is $13.42.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate 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 business had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same period last year, the business posted $0.34 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Research analysts predict that Americold Realty Trust Inc. will post 1.16 EPS for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 annualized dividend and a yield of 5.9%. Americold Realty Trust’s dividend payout ratio is presently -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.