Wellspring Financial Advisors LLC Invests $662,000 in Americold Realty Trust Inc. $COLD

Wellspring Financial Advisors LLC acquired a new position in Americold Realty Trust Inc. (NYSE:COLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,498 shares of the company’s stock, valued at approximately $662,000.

A number of other large investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after purchasing an additional 942 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after purchasing an additional 948 shares in the last quarter. Norinchukin Bank The grew its holdings in Americold Realty Trust by 8.0% during the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock valued at $165,000 after purchasing an additional 1,001 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in Americold Realty Trust by 9.9% during the 3rd quarter. Truist Financial Corp now owns 12,542 shares of the company’s stock valued at $154,000 after purchasing an additional 1,127 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Trading Down 3.6%

Americold Realty Trust stock opened at $14.35 on Thursday. The firm’s 50-day moving average is $13.46 and its 200-day moving average is $12.72. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $18.08. The company has a market cap of $4.10 billion, a P/E ratio of -36.80 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. During the same period last year, the firm posted $0.34 EPS. 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. On average, equities analysts expect that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

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

Analyst Ratings Changes

A number of research firms recently weighed in on COLD. Citigroup raised their price target 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. Wall Street Zen lowered shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Royal Bank Of Canada raised their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Evercore set a $17.00 price target on shares of Americold Realty Trust in a report on Friday, May 8th. Finally, Piper Sandler began coverage on shares of Americold Realty Trust in a report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price target for the company. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $14.93.

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.