Cohen & Steers Inc. Trims Holdings in Americold Realty Trust Inc. $COLD

Cohen & Steers Inc. lessened its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 13.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,011,134 shares of the company’s stock after selling 1,507,872 shares during the period. Cohen & Steers Inc. owned about 3.51% of Americold Realty Trust worth $128,773,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Barington Companies Management LLC bought a new stake in Americold Realty Trust during the 4th quarter valued at approximately $3,858,000. Quadrant Capital Group LLC boosted its position in Americold Realty Trust by 678.9% during the 4th quarter. Quadrant Capital Group LLC now owns 59,871 shares of the company’s stock valued at $770,000 after acquiring an additional 52,184 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its position in Americold Realty Trust by 716.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 227,748 shares of the company’s stock valued at $2,927,000 after acquiring an additional 199,857 shares in the last quarter. HRT Financial LP boosted its position in Americold Realty Trust by 224.6% during the 4th quarter. HRT Financial LP now owns 883,039 shares of the company’s stock valued at $11,355,000 after acquiring an additional 610,973 shares in the last quarter. Finally, Cibc World Markets Corp bought a new stake in Americold Realty Trust during the 4th quarter valued at approximately $922,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on COLD shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Americold Realty Trust in a research report on Friday, March 27th. Evercore set a $17.00 price target on Americold Realty Trust in a research report on Friday, May 8th. Scotiabank boosted their price target on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a research report on Thursday, May 14th. Wall Street Zen cut Americold Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Finally, Compass Point initiated coverage on Americold Realty Trust in a research report on Wednesday, March 18th. They issued a “buy” rating and a $14.50 price target on the stock. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.71.

Americold Realty Trust Stock Performance

Shares of COLD opened at $14.47 on Friday. 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’s 50 day moving average price is $13.59 and its 200-day moving average price is $12.77. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $17.52. The stock has a market cap of $4.13 billion, a P/E ratio of -37.09 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $629.87 million for the quarter, compared to analysts’ expectations of $613.77 million. During the same period in the previous year, the firm posted $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. Equities research analysts anticipate that Americold Realty Trust Inc. will post 1.18 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

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.