Clear Harbor Asset Management LLC Takes Position in Americold Realty Trust Inc. $COLD

Clear Harbor Asset Management LLC acquired a new position in Americold Realty Trust Inc. (NYSE:COLD) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 78,272 shares of the company’s stock, valued at approximately $1,230,000.

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its stake 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 during the period. Ameriflex Group Inc. bought a new position in Americold Realty Trust in the 4th quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its stake in Americold Realty Trust by 252.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after purchasing an additional 1,593 shares during the period. 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 buying an additional 948 shares in the last quarter. Finally, 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 buying an additional 942 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

NYSE COLD opened at $15.24 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $16.88. The business has a 50 day simple moving average of $15.01 and a two-hundred day simple moving average of $13.69. The stock has a market capitalization of $4.35 billion, a PE ratio of -9.58 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $662.89 million for the quarter, compared to analysts’ expectations of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts predict that Americold Realty Trust Inc. will post 1.15 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Scotiabank boosted their target price on shares of Americold Realty Trust from $15.00 to $16.00 and gave the stock a “sector perform” rating in a report on Thursday, August 13th. UBS Group raised their target price on shares of Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. KeyCorp reaffirmed an “overweight” rating on shares of Americold Realty Trust in a research note on Monday, August 10th. Weiss Ratings downgraded shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Finally, Bank of America upgraded shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $15.00 to $16.00 in a research note on Tuesday, August 18th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Americold Realty Trust currently has an average rating of “Hold” and a consensus price target of $15.63.

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.