Flax Pond Capital LLC Makes New $4.57 Million Investment in Americold Realty Trust Inc. $COLD

Flax Pond Capital LLC acquired a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 355,163 shares of the company’s stock, valued at approximately $4,567,000. Americold Realty Trust comprises 3.4% of Flax Pond Capital LLC’s holdings, making the stock its 7th largest position.

Several other hedge funds have also made changes to their positions in COLD. Ameriflex Group Inc. acquired a new stake in Americold Realty Trust during the fourth quarter worth about $26,000. Geneos Wealth Management Inc. raised its holdings in Americold Realty Trust by 100.0% in the 2nd 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 in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Americold Realty Trust by 63.3% in the 3rd 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 in the last quarter. Avalon Trust Co acquired a new position in Americold Realty Trust in the 3rd quarter valued at approximately $32,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after acquiring an additional 942 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Up 0.0%

NYSE COLD opened at $14.08 on Friday. 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 stock’s 50 day moving average is $13.86 and its two-hundred day moving average is $12.89. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of -36.09 and a beta of 0.97. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $17.52.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share 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 company had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. During the same period in the prior year, the company posted $0.34 EPS. The company’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. Equities analysts forecast that Americold Realty Trust Inc. will post 1.16 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is -235.90%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on COLD. Scotiabank lifted their price objective on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a report 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. Compass Point began coverage on Americold Realty Trust in a research report on Wednesday, March 18th. They issued a “buy” rating and a $14.50 target price for the company. Royal Bank Of Canada lifted their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $14.71.

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.