Americold Realty Trust Inc. $COLD Shares Bought by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC grew its position in Americold Realty Trust Inc. (NYSE:COLD) by 115.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,469 shares of the company’s stock after purchasing an additional 45,879 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Americold Realty Trust were worth $1,099,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of COLD. Norges Bank acquired a new stake in shares of Americold Realty Trust in the 4th quarter valued at $152,684,000. Baupost Group LLC MA acquired a new stake in shares of Americold Realty Trust in the 3rd quarter valued at $44,064,000. American Century Companies Inc. raised its holdings in shares of Americold Realty Trust by 53.4% in the 3rd quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock valued at $96,856,000 after purchasing an additional 2,754,751 shares in the last quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Americold Realty Trust in the 4th quarter valued at $33,518,000. Finally, Private Management Group Inc. raised its holdings in shares of Americold Realty Trust by 80.5% in the 3rd quarter. Private Management Group Inc. now owns 4,004,568 shares of the company’s stock valued at $49,016,000 after purchasing an additional 1,786,218 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on COLD shares. Wells Fargo & Company lifted their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday. Wall Street Zen upgraded shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research note on Thursday, February 5th. Piper Sandler started coverage on shares of Americold Realty Trust in a research note on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price target on the stock. Finally, Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $14.93.

Americold Realty Trust Trading Down 2.2%

NYSE COLD opened at $15.34 on Tuesday. 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 firm has a market cap of $4.38 billion, a PE ratio of -39.33 and a beta of 0.89. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $18.08. The firm’s fifty day moving average is $12.97 and its two-hundred day moving average is $12.53.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. The company had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. Americold Realty Trust’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts expect that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 6.0%. Americold Realty Trust’s payout ratio is presently -235.90%.

Americold Realty Trust Company 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.