Canada Pension Plan Investment Board Takes $126.56 Million Position in Americold Realty Trust Inc. $COLD

Canada Pension Plan Investment Board acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,051,165 shares of the company’s stock, valued at approximately $126,564,000. Canada Pension Plan Investment Board owned approximately 2.82% of Americold Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in COLD. Geneos Wealth Management Inc. increased its holdings in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after buying an additional 806 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Americold Realty Trust by 51.1% during 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 in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of 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 worth $30,000 after acquiring an additional 948 shares during the period. Norinchukin Bank The grew its holdings in shares of Americold Realty Trust by 8.0% in the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company’s stock worth $165,000 after acquiring an additional 1,001 shares during the period. Finally, Empowered Funds LLC increased its stake in Americold Realty Trust by 9.2% in the 4th quarter. Empowered Funds LLC now owns 13,762 shares of the company’s stock valued at $177,000 after purchasing an additional 1,164 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COLD has been the subject of several research reports. Barclays lifted their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, May 15th. Evercore reissued an “outperform” rating and issued a $19.00 target price on shares of Americold Realty Trust in a report on Friday, August 7th. KeyCorp restated an “overweight” rating on shares of Americold Realty Trust in a research report on Monday, August 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $16.00 price target on shares of Americold Realty Trust in a research note on Monday, August 17th. Finally, Wells Fargo & Company boosted their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.63.

Americold Realty Trust Trading Down 1.0%

Shares of Americold Realty Trust stock opened at $15.33 on Thursday. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $16.88. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. The business has a 50 day moving average price of $15.07 and a 200 day moving average price of $13.75. The company has a market capitalization of $4.38 billion, a P/E ratio of -9.64 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The firm had revenue of $662.89 million for the quarter, compared to analysts’ expectations of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.Americold Realty Trust’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Sell-side analysts anticipate that Americold Realty Trust Inc. will post 1.15 EPS for the current fiscal year.

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.