Daiwa Securities Group Inc. Sells 1,535,788 Shares of Americold Realty Trust Inc. $COLD

Daiwa Securities Group Inc. cut its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 49.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,579,021 shares of the company’s stock after selling 1,535,788 shares during the period. Daiwa Securities Group Inc.’s holdings in Americold Realty Trust were worth $20,306,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in COLD. Geneos Wealth Management Inc. lifted its stake 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. Caitong International Asset Management Co. Ltd lifted its stake in Americold Realty Trust by 63.3% in the third 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 during the last quarter. Avalon Trust Co bought a new stake in Americold Realty Trust in the third quarter worth $32,000. Farther Finance Advisors LLC lifted 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 last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Americold Realty Trust by 106.2% in the fourth 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 during the last quarter. 98.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

COLD has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Wall Street Zen downgraded shares of Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research note on Friday, May 8th. Evercore set a $17.00 price target on shares of Americold Realty Trust in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust has an average rating of “Reduce” and an average price target of $14.93.

Americold Realty Trust Stock Performance

Shares of NYSE:COLD opened at $14.73 on Friday. The company has a market cap of $4.20 billion, a price-to-earnings ratio of -37.77 and a beta of 0.97. The company has a 50-day moving average price of $13.25 and a 200-day moving average price of $12.62. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $18.08.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.33. The firm had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts anticipate that Americold Realty Trust Inc. will post 1.18 EPS for the current year.

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is -235.90%.

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.