Sanctuary Advisors LLC Takes $692,000 Position in Americold Realty Trust Inc. $COLD

Sanctuary Advisors LLC purchased a new position in shares of Americold Realty Trust Inc. (NYSE:COLD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,994 shares of the company’s stock, valued at approximately $692,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Americold Realty Trust in the 2nd quarter valued at about $350,837,000. Norges Bank purchased a new position in shares of Americold Realty Trust in the 4th quarter worth approximately $152,684,000. Baupost Group LLC MA purchased a new position in shares of Americold Realty Trust in the 3rd quarter worth approximately $44,064,000. Rush Island Management LP bought a new position in shares of Americold Realty Trust in the fourth quarter valued at approximately $37,663,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Americold Realty Trust in the second quarter valued at approximately $45,227,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Scotiabank lifted their price target on Americold Realty Trust from $15.00 to $16.00 and gave the stock a “sector perform” rating in a report on Thursday, August 13th. Weiss Ratings downgraded Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Piper Sandler raised their target price on Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Barclays lifted their target price on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Finally, Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of “Hold” and an average target price of $15.63.

Americold Realty Trust Trading Up 0.4%

Shares of COLD stock opened at $15.09 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.25. The firm has a market cap of $4.31 billion, a P/E ratio of -9.49 and a beta of 0.97. The company has a 50 day moving average of $15.11 and a 200-day moving average of $13.77. Americold Realty Trust Inc. has a 12-month low of $10.10 and a 12-month high of $16.88.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.35 EPS for the quarter. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.The business had revenue of $662.89 million for the quarter, compared to the consensus estimate of $613.54 million. During the same quarter in the prior year, the business earned $0.36 earnings per share. Americold Realty Trust’s revenue for the quarter was up 1.9% on a year-over-year basis. 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 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

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

About Americold Realty Trust

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.