Dockside LLC Invests $854,000 in Americold Realty Trust Inc. $COLD

Dockside LLC acquired a new position in Americold Realty Trust Inc. (NYSE:COLD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 66,420 shares of the company’s stock, valued at approximately $854,000.

Several other institutional investors have also recently modified their holdings of the company. Entropy Technologies LP raised its stake 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 worth $961,000 after purchasing an additional 11,574 shares during the last quarter. Barclays PLC raised its stake 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 worth $7,288,000 after purchasing an additional 457,279 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Americold Realty Trust in the fourth quarter worth about $462,000. The Manufacturers Life Insurance Company raised its stake 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 worth $782,000 after purchasing an additional 2,458 shares during the last quarter. Finally, Quinn Opportunity Partners LLC purchased a new position in shares of Americold Realty Trust in the fourth quarter worth about $1,029,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COLD has been the subject of several research analyst reports. Scotiabank raised their price objective on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Wells Fargo & Company raised their target price on Americold Realty Trust from $14.00 to $15.00 and gave the stock 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. Finally, Piper Sandler started coverage on Americold Realty Trust in a report 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, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $14.71.

Americold Realty Trust Stock Up 0.0%

Americold Realty Trust stock opened at $14.47 on Monday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of -37.09 and a beta of 0.97. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $17.52. The business’s 50-day moving average price is $13.59 and its 200 day moving average price is $12.78. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.33. The firm had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.Americold Realty Trust’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the company earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.16 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.23 per share. 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 (DPR) is -235.90%.

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.