Private Management Group Inc. Has $73.57 Million Stock Holdings in Americold Realty Trust Inc. $COLD

Private Management Group Inc. decreased its position in shares of Americold Realty Trust Inc. (NYSE:COLD) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,679,920 shares of the company’s stock after selling 99,591 shares during the period. Americold Realty Trust accounts for 1.9% of Private Management Group Inc.’s holdings, making the stock its 2nd biggest position. Private Management Group Inc.’s holdings in Americold Realty Trust were worth $73,568,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of COLD. Geneos Wealth Management Inc. grew 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 worth $27,000 after purchasing an additional 806 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust during the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after purchasing an additional 1,593 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position 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 purchasing an additional 948 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted 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 purchasing an additional 942 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on COLD shares. Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Evercore reissued an “outperform” rating and issued a $19.00 price target on shares of Americold Realty Trust in a report on Friday, August 7th. Citigroup boosted their price target on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Bank of America upgraded shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $15.00 to $16.00 in a report on Tuesday, August 18th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $16.00 price objective on shares of Americold Realty Trust in a research report on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.63.

Americold Realty Trust Stock Performance

Shares of NYSE COLD opened at $15.09 on Friday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $16.88. The company has a 50 day simple moving average of $15.11 and a two-hundred day simple moving average of $13.77. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of -9.49 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The business had revenue of $662.89 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 1.9% on a year-over-year basis. During the same period 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. As a group, analysts predict that Americold Realty Trust Inc. will post 1.15 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -57.86%.

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.