Centersquare Investment Management LLC Cuts Stock Position in Americold Realty Trust Inc. $COLD

Centersquare Investment Management LLC trimmed its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 29.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,320,182 shares of the company’s stock after selling 975,600 shares during the quarter. Centersquare Investment Management LLC’s holdings in Americold Realty Trust were worth $29,838,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after acquiring an additional 806 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Americold Realty Trust by 252.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after acquiring an additional 948 shares during the period. Avalon Trust Co purchased a new stake in shares of Americold Realty Trust in the third quarter valued at $32,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after acquiring an additional 942 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on COLD. Scotiabank increased their target price on shares of Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a research note on Thursday, May 14th. Robert W. Baird set a $15.00 target price on shares of Americold Realty Trust in a research note on Friday, May 8th. Royal Bank Of Canada increased their target price on shares of 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. Evercore set a $17.00 target price on shares of Americold Realty Trust in a research note on Friday, May 8th. Finally, Citigroup increased their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $14.71.

Americold Realty Trust Stock Up 2.0%

Shares of COLD opened at $14.65 on Friday. The firm has a market capitalization of $4.18 billion, a P/E ratio of -37.57 and a beta of 0.97. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $17.75. 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 fifty day moving average price of $13.52 and a 200-day moving average price of $12.75.

Americold Realty Trust (NYSE:COLD) last issued its 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. The firm had revenue of $629.87 million during 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 business’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts expect that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 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 6.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s payout ratio 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.