Handelsbanken Fonder AB Acquires 58,400 Shares of Americold Realty Trust Inc. $COLD

Handelsbanken Fonder AB raised its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 74.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 136,800 shares of the company’s stock after purchasing an additional 58,400 shares during the quarter. Handelsbanken Fonder AB’s holdings in Americold Realty Trust were worth $1,759,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in Americold Realty Trust by 23.7% in the third quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock valued at $11,282,000 after buying an additional 176,581 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in Americold Realty Trust by 70.0% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock valued at $2,703,000 after buying an additional 90,912 shares during the period. Chilton Capital Management LLC raised its stake in Americold Realty Trust by 3,914.2% in the third quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock valued at $5,654,000 after buying an additional 442,970 shares during the period. Vanguard Group Inc. raised its stake in Americold Realty Trust by 1.0% in the third quarter. Vanguard Group Inc. now owns 38,208,902 shares of the company’s stock valued at $467,677,000 after buying an additional 367,920 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in Americold Realty Trust in the third quarter valued at approximately $2,663,000. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research note on Thursday, February 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Evercore set a $17.00 target price on Americold Realty Trust in a research note on Friday, May 8th. Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Piper Sandler initiated coverage on Americold Realty Trust in a research note on Wednesday, April 1st. They set a “neutral” rating and a $13.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $14.67.

Americold Realty Trust Trading Up 0.1%

Shares of NYSE:COLD opened at $14.82 on Tuesday. The business’s 50 day simple moving average is $12.59 and its 200 day simple moving average is $12.40. The company has a market capitalization of $4.23 billion, a P/E ratio of -38.00 and a beta of 0.89. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $18.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. The firm had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The company’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts anticipate that Americold Realty Trust Inc. will post 1.18 EPS for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -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.