Public Employees Retirement System of Ohio Reduces Position in Americold Realty Trust Inc. $COLD

Public Employees Retirement System of Ohio decreased its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 14.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 411,724 shares of the company’s stock after selling 69,250 shares during the period. Public Employees Retirement System of Ohio’s holdings in Americold Realty Trust were worth $4,718,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after acquiring an additional 806 shares during the last quarter. Ameriflex Group Inc. purchased a new position in Americold Realty Trust during the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC grew its position in Americold Realty Trust by 252.5% in the 2nd 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 last quarter. Caitong International Asset Management Co. Ltd grew its position 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 during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after purchasing an additional 942 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Trading Up 0.9%

COLD opened at $14.73 on Thursday. 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 stock’s fifty day moving average is $15.10 and its two-hundred day moving average is $13.50. The company has a market capitalization of $4.20 billion, a P/E ratio of -37.76 and a beta of 0.96. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88.

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, topping 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 analysts’ expectations of $613.77 million. During the same period in the prior year, the business earned $0.34 EPS. The business’s revenue for the quarter 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. Analysts forecast that Americold Realty Trust Inc. will post 1.15 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.2%. The ex-dividend date was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Weiss Ratings upgraded Americold Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a report on Friday, May 8th. UBS Group raised their price target on shares of Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Evercore upgraded shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 price objective for the company in a report on Friday, June 26th. Finally, Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust currently has a consensus rating of “Hold” and an average target price of $15.25.

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.