Wellington Management Group LLP Makes New $8.96 Million Investment in Americold Realty Trust Inc. $COLD

Wellington Management Group LLP bought a new position in Americold Realty Trust Inc. (NYSE:COLD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 570,192 shares of the company’s stock, valued at approximately $8,963,000.

Several other large investors have also modified their holdings of COLD. Empowered Funds LLC acquired a new position in Americold Realty Trust in the second quarter worth about $396,000. United Capital Financial Advisors LLC acquired a new stake in Americold Realty Trust during the second quarter valued at approximately $196,000. Public Employees Retirement System of Ohio bought a new position in Americold Realty Trust during the 2nd quarter worth approximately $6,418,000. Corient Private Wealth LP bought a new position in Americold Realty Trust during the 2nd quarter worth approximately $664,000. Finally, Bank of America Corp DE acquired a new position in shares of Americold Realty Trust in the 2nd quarter worth approximately $48,141,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Down 1.5%

Americold Realty Trust stock opened at $14.01 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.10 and a current ratio of 0.10. Americold Realty Trust Inc. has a one year low of $10.10 and a one year high of $16.88. The company has a 50-day simple moving average of $15.02 and a 200-day simple moving average of $13.88. The firm has a market capitalization of $4.00 billion, a P/E ratio of -8.81 and a beta of 0.98.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The firm had revenue of $662.89 million during the quarter, compared to analyst estimates of $613.54 million. During the same period in the previous year, the business posted $0.36 EPS. Americold Realty Trust’s revenue was up 1.9% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts expect that Americold Realty Trust Inc. will post 1.15 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Wednesday, September 30th. Americold Realty Trust’s payout ratio is currently -57.86%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on COLD shares. DA Davidson set a $16.00 price objective on Americold Realty Trust in a research note on Tuesday, August 18th. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. KeyCorp reissued an “overweight” rating on shares of Americold Realty Trust in a report on Monday, August 10th. Barclays lifted their price target on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Finally, Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of “Hold” and an average price target of $15.63.

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.