Hsbc Holdings PLC Trims Stake in Americold Realty Trust Inc. $COLD

Hsbc Holdings PLC lessened its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 19.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 673,314 shares of the company’s stock after selling 162,214 shares during the quarter. Hsbc Holdings PLC owned about 0.24% of Americold Realty Trust worth $10,605,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust in the fourth quarter valued at $26,000. Geneos Wealth Management Inc. boosted its stake in shares of Americold Realty Trust by 100.0% during 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 last quarter. Caitong International Asset Management Co. Ltd increased its position in Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Americold Realty Trust by 106.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after purchasing an additional 1,432 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC raised its stake in Americold Realty Trust by 726.2% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 4,296 shares of the company’s stock valued at $49,000 after purchasing an additional 3,776 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $13.69 on Thursday. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88. The company has a market cap of $3.91 billion, a PE ratio of -8.61 and a beta of 0.98. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25. The company’s fifty day simple moving average is $14.98 and its 200-day simple moving average is $13.88.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $662.89 million for the quarter, compared to analyst estimates of $613.54 million. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts anticipate that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.92 dividend on an annualized basis and a yield of 6.7%. Americold Realty Trust’s dividend payout ratio is currently -57.86%.

Analyst Upgrades and Downgrades

COLD has been the topic of several analyst reports. Citigroup raised their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Barclays boosted their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Royal Bank Of Canada restated a “sector perform” rating and set a $16.00 target price on shares of Americold Realty Trust in a research report on Monday, August 17th. Weiss Ratings cut shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Finally, UBS Group boosted their price target on Americold Realty Trust from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Americold Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $15.63.

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.