Magnetar Financial LLC Invests $1.96 Million in Americold Realty Trust Inc. $COLD

Magnetar Financial LLC bought a new position in Americold Realty Trust Inc. (NYSE:COLD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 160,445 shares of the company’s stock, valued at approximately $1,964,000. Magnetar Financial LLC owned about 0.06% of Americold Realty Trust at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. LRI Investments LLC increased its stake in Americold Realty Trust by 90.4% in the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after buying an additional 1,026 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Americold Realty Trust by 100.0% in 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 during the period. Avalon Trust Co bought a new stake in shares of Americold Realty Trust in the third quarter valued at $32,000. EverSource Wealth Advisors LLC grew its stake in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after acquiring an additional 1,593 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Americold Realty Trust in the 3rd quarter worth about $61,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. UBS Group increased their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research note on Monday, December 29th. Bank of America cut Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective for the company. in a report on Thursday, February 5th. Evercore set a $14.00 price target on shares of Americold Realty Trust in a research note on Friday, February 20th. Finally, Barclays decreased their price objective on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $14.38.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $11.32 on Friday. The company has a 50 day simple moving average of $12.84 and a two-hundred day simple moving average of $12.70. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of -28.29, a P/E/G ratio of 4.20 and a beta of 0.89. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $22.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.12 and a current ratio of 0.12.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The firm had revenue of $658.45 million for the quarter, compared to the consensus estimate of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 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 1.47 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a yield of 8.1%. Americold Realty Trust’s dividend payout ratio is -230.00%.

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.