California Public Employees Retirement System Sells 128,347 Shares of Americold Realty Trust Inc. $COLD

California Public Employees Retirement System decreased its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 24.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 388,852 shares of the company’s stock after selling 128,347 shares during the period. California Public Employees Retirement System’s holdings in Americold Realty Trust were worth $4,456,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. TBH Global Asset Management LLC purchased a new stake in Americold Realty Trust in the fourth quarter worth $1,163,000. SG Americas Securities LLC purchased a new position in shares of Americold Realty Trust during the fourth quarter valued at approximately $10,118,000. Cambiar Investors LLC lifted its holdings in shares of Americold Realty Trust by 47.6% during the fourth quarter. Cambiar Investors LLC now owns 452,272 shares of the company’s stock valued at $5,816,000 after purchasing an additional 145,940 shares in the last quarter. Oak Thistle LLC lifted its stake in Americold Realty Trust by 1,061.2% during the 4th quarter. Oak Thistle LLC now owns 134,109 shares of the company’s stock valued at $1,725,000 after acquiring an additional 122,560 shares during the period. Finally, Bayhunt Capital LLC purchased a new stake in Americold Realty Trust during the 4th quarter valued at $8,419,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.0%

Americold Realty Trust stock opened at $14.31 on Monday. The firm has a 50 day moving average of $15.08 and a 200 day moving average of $13.47. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of -36.70 and a beta of 0.96. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $16.88. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share 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 for the quarter, compared to the consensus estimate of $613.77 million. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, research analysts predict that Americold Realty Trust Inc. will post 1.15 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -235.90%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on COLD. Piper Sandler raised their price target on Americold Realty Trust from $13.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Barclays upped their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Weiss Ratings raised Americold Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday. Wells Fargo & Company raised their target price on Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.25.

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.