Americold Realty Trust Inc. $COLD Holdings Lessened by Sterling Capital Management LLC

Sterling Capital Management LLC cut its stake in Americold Realty Trust Inc. (NYSE:COLD) by 92.3% in the third quarter, HoldingsChannel reports. The firm owned 8,240 shares of the company’s stock after selling 98,273 shares during the quarter. Sterling Capital Management LLC’s holdings in Americold Realty Trust were worth $115,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in Americold Realty Trust by 51.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,222 shares of the company’s stock worth $48,000 after purchasing an additional 1,441 shares during the period. Basecamp Wealth Advisors LLC raised its position in Americold Realty Trust by 726.2% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 4,296 shares of the company’s stock valued at $49,000 after purchasing an additional 3,776 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Americold Realty Trust by 79.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,834 shares of the company’s stock valued at $60,000 after buying an additional 1,699 shares during the period. Quantbot Technologies LP purchased a new position in shares of Americold Realty Trust in the 2nd quarter valued at about $75,000. Finally, Nykredit A S acquired a new position in shares of Americold Realty Trust during the second quarter worth about $75,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Down 0.3%

Americold Realty Trust stock opened at $14.33 on Monday. The stock has a market cap of $4.09 billion, a PE ratio of -9.02 and a beta of 0.92. 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 stock’s fifty day moving average is $14.38 and its two-hundred day moving average is $13.80. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $16.88.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $662.89 million during 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%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, sell-side analysts expect that Americold Realty Trust Inc. will post 1.22 EPS for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.92 annualized dividend and a yield of 6.4%. Americold Realty Trust’s payout ratio is presently -57.86%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on COLD shares. Evercore restated an “outperform” rating and set a $19.00 target price on shares of Americold Realty Trust in a research note on Friday, August 7th. JPMorgan Chase & Co. upgraded shares of Americold Realty Trust from an “underweight” rating to a “neutral” rating and set a $16.00 price target for the company in a research note on Thursday, September 24th. Scotiabank upgraded shares of Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $16.00 price target for the company in a report on Friday, October 2nd. Piper Sandler lowered their price target on shares of Americold Realty Trust from $17.00 to $15.00 and set a “neutral” rating for the company in a report on Monday, October 12th. Finally, Royal Bank Of Canada reissued 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. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $15.46.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. Through its operating platform, Americold Logistics, the company provides refrigerated and frozen storage, handling, transportation and supply-chain services for food producers, retailers, distributors and other customers.

Its facilities support the movement of perishable products, including meat, seafood, dairy, fruit, vegetables, prepared foods and pharmaceuticals.