Kennedy Capital Management LLC increased its position in Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 50.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 694,842 shares of the company’s stock after acquiring an additional 232,134 shares during the period. Kennedy Capital Management LLC’s holdings in Americold Realty Trust were worth $8,936,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Dockside LLC acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at $854,000. Entropy Technologies LP lifted its holdings in shares of Americold Realty Trust by 18.3% in the fourth quarter. Entropy Technologies LP now owns 74,762 shares of the company’s stock valued at $961,000 after buying an additional 11,574 shares during the period. Barclays PLC lifted its holdings in shares of Americold Realty Trust by 417.7% in the fourth quarter. Barclays PLC now owns 566,752 shares of the company’s stock valued at $7,288,000 after buying an additional 457,279 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Americold Realty Trust in the fourth quarter valued at $462,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Americold Realty Trust by 4.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 60,803 shares of the company’s stock valued at $782,000 after buying an additional 2,458 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Wells Fargo & Company upped their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Evercore set a $17.00 target price on Americold Realty Trust in a report on Friday, May 8th. Royal Bank Of Canada upped their target price on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Piper Sandler assumed coverage on Americold Realty Trust in a report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 target price for the company. Finally, Citigroup upped 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. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Americold Realty Trust has a consensus rating of “Reduce” and an average price target of $14.71.
Americold Realty Trust Trading Up 0.0%
Shares of NYSE COLD opened at $14.47 on Monday. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $17.52. The company has a market cap of $4.13 billion, a price-to-earnings ratio of -37.09 and a beta of 0.97. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. The business has a fifty day simple moving average of $13.59 and a 200-day simple moving average of $12.78.
Americold Realty Trust (NYSE:COLD – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate 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 business had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. During the same period in the prior year, the business posted $0.34 earnings per share. 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 predict that Americold Realty Trust Inc. will post 1.16 EPS for the current year.
Americold Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is currently -235.90%.
Americold Realty Trust 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.
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