Renaissance Technologies LLC Increases Holdings in Americold Realty Trust Inc. $COLD

Renaissance Technologies LLC increased its position in Americold Realty Trust Inc. (NYSE:COLD) by 3.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,674,800 shares of the company’s stock after buying an additional 52,800 shares during the quarter. Renaissance Technologies LLC owned 0.59% of Americold Realty Trust worth $19,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of COLD. Ameriflex Group Inc. purchased a new position in shares of Americold Realty Trust during the fourth quarter worth approximately $26,000. Geneos Wealth Management Inc. boosted its stake 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 valued at $27,000 after purchasing an additional 806 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Americold Realty Trust by 63.3% in 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. Farther Finance Advisors LLC grew its holdings in shares of 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 during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Americold Realty Trust by 106.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after purchasing an additional 1,432 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Americold Realty Trust stock opened at $14.43 on Friday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. The firm has a market cap of $4.12 billion, a P/E ratio of -36.99 and a beta of 0.96. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $16.88. The firm has a 50-day moving average of $15.10 and a 200-day moving average of $13.51.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company 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 business earned $0.34 EPS. Americold Realty Trust’s revenue was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Sell-side analysts expect that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Americold Realty Trust Dividend Announcement

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

Analyst Ratings Changes

COLD has been the topic of a number of recent research reports. Royal Bank Of Canada raised their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Citigroup increased their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Scotiabank set a $15.00 price target on Americold Realty Trust in a research report on Friday, July 24th. Robert W. Baird set a $15.00 price target on Americold Realty Trust in a research note on Friday, May 8th. Finally, Piper Sandler boosted their price objective on Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $15.25.

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.