122,829 Americold Realty Trust Inc. $COLD Shares Sold by Reinhart Partners LLC.

by · The Markets Daily

Reinhart Partners LLC. decreased its holdings in Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 3.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,540,398 shares of the company’s stock after selling 122,829 shares during the period. Reinhart Partners LLC.’s holdings in Americold Realty Trust were worth $49,495,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Americold Realty Trust in the second quarter worth $350,837,000. Ancora Advisors LLC purchased a new stake in Americold Realty Trust during the 2nd quarter worth $163,962,000. Canada Pension Plan Investment Board purchased a new stake in Americold Realty Trust during the 2nd quarter worth $126,564,000. Lasalle Investment Management Securities LLC increased its holdings in Americold Realty Trust by 2.3% in the 1st quarter. Lasalle Investment Management Securities LLC now owns 6,962,583 shares of the company’s stock valued at $79,791,000 after purchasing an additional 157,627 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in Americold Realty Trust by 17.2% in the 2nd quarter. Alyeska Investment Group L.P. now owns 5,583,153 shares of the company’s stock valued at $87,767,000 after purchasing an additional 817,860 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on COLD shares. Piper Sandler boosted their price objective 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. Royal Bank Of Canada reiterated a “sector perform” rating and set a $16.00 target price on shares of Americold Realty Trust in a report on Monday, August 17th. Evercore reissued an “outperform” rating and set a $19.00 price target on shares of Americold Realty Trust in a research report on Friday, August 7th. Weiss Ratings cut Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen upgraded Americold Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Five equities 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 stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $15.75.

Check Out Our Latest Stock Report on Americold Realty Trust

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $13.97 on Friday. 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 company’s fifty day moving average price is $14.53 and its two-hundred day moving average price is $14.17. The firm has a market capitalization of $3.99 billion, a P/E ratio of -8.79 and a beta of 0.92. 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 – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%. The company had revenue of $662.89 million during the quarter, compared to the consensus estimate of $613.54 million. During the same period last year, the firm earned $0.36 earnings per share. The company’s revenue 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, research analysts anticipate that Americold Realty Trust Inc. will post 1.22 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.92 annualized dividend and a yield of 6.6%. Americold Realty Trust’s payout ratio is currently -57.86%.

Americold Realty Trust Profile

(Free Report)

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.

Further Reading

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