Americold Realty Trust Inc. $COLD Stock Position Raised by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 70.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 725,290 shares of the company’s stock after acquiring an additional 299,389 shares during the period. Hsbc Holdings PLC’s holdings in Americold Realty Trust were worth $9,350,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. WINTON GROUP Ltd bought a new position in shares of Americold Realty Trust in the third quarter worth about $2,663,000. DAVENPORT & Co LLC lifted its position in Americold Realty Trust by 39.9% in the fourth quarter. DAVENPORT & Co LLC now owns 4,456,206 shares of the company’s stock worth $57,307,000 after purchasing an additional 1,271,562 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Americold Realty Trust by 97.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,691,567 shares of the company’s stock valued at $20,705,000 after acquiring an additional 835,135 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Americold Realty Trust in the 4th quarter valued at approximately $10,118,000. Finally, TBH Global Asset Management LLC bought a new stake in Americold Realty Trust in the fourth quarter valued at $1,163,000. 98.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

COLD has been the subject of a number of recent analyst reports. Evercore raised Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 price target for the company in a report on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday. Citigroup increased their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Scotiabank increased their target price on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Finally, Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.79.

Americold Realty Trust Price Performance

Shares of COLD opened at $15.97 on Friday. The company has a market cap of $4.56 billion, a price-to-earnings ratio of -40.96 and a beta of 0.97. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $17.28. The company’s fifty day simple moving average is $14.11 and its 200 day simple moving average is $13.02. 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 posted its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.33. The firm 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%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts forecast that Americold Realty Trust Inc. will post 1.16 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

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. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend 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.