Americold Realty Trust Inc. (NYSE:COLD – Get Free Report) has been given a consensus recommendation of “Hold” by the sixteen brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $15.75.
A number of equities analysts have recently weighed in on COLD shares. Scotiabank raised shares of Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $16.00 price objective for the company in a research report on Friday, October 2nd. Piper Sandler raised their price target on Americold Realty Trust from $13.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Evercore restated an “outperform” rating and issued a $19.00 price target on shares of Americold Realty Trust in a report on Friday, August 7th. Royal Bank Of Canada restated a “sector perform” rating and issued a $16.00 price target on shares of Americold Realty Trust in a report on Monday, August 17th. Finally, KeyCorp reiterated an “overweight” rating on shares of Americold Realty Trust in a report on Monday, August 10th.
View Our Latest Report on Americold Realty Trust
Americold Realty Trust Trading Up 1.2%
Americold Realty Trust (NYSE:COLD – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share (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 during the quarter, compared to the consensus estimate of $613.54 million. During the same period in the prior year, the business posted $0.36 EPS. The company’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. On average, equities analysts forecast that Americold Realty Trust will post 1.22 EPS for the current fiscal year.
Americold Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.23 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.92 annualized dividend and a dividend yield of 6.6%. Americold Realty Trust’s dividend payout ratio is -57.86%.
Institutional Trading of Americold Realty Trust
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of Americold Realty Trust by 48.4% in the 3rd quarter. GAMMA Investing LLC now owns 5,688 shares of the company’s stock worth $80,000 after purchasing an additional 1,854 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Americold Realty Trust by 15.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,801 shares of the company’s stock valued at $343,000 after acquiring an additional 2,921 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of Americold Realty Trust by 132.9% in the 2nd quarter. Squarepoint Ops LLC now owns 162,204 shares of the company’s stock valued at $2,550,000 after acquiring an additional 92,563 shares in the last quarter. Sterling Investment Advisors Ltd. boosted its stake in Americold Realty Trust by 84.9% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 28,525 shares of the company’s stock worth $448,000 after purchasing an additional 13,100 shares during the period. Finally, Allworth Financial LP boosted its stake in Americold Realty Trust by 368.4% in the 2nd quarter. Allworth Financial LP now owns 7,311 shares of the company’s stock worth $115,000 after purchasing an additional 5,750 shares during the period. 98.14% of the stock is currently owned by institutional investors.
About Americold Realty Trust
Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled storage and distribution facilities. The company provides refrigerated and frozen warehousing, inventory management, handling, transportation coordination and other supply-chain services for customers that require temperature-sensitive logistics.
Its customers include food producers, processors, retailers, restaurants, distributors and other businesses involved in the movement of perishable goods.
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