Strs Ohio Has $7.12 Million Stock Holdings in Americold Realty Trust Inc. $COLD
by Doug Wharley · The Cerbat GemStrs Ohio raised its position in Americold Realty Trust Inc. (NYSE:COLD – Free Report) by 12.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 553,329 shares of the company’s stock after purchasing an additional 62,612 shares during the period. Strs Ohio owned 0.19% of Americold Realty Trust worth $7,116,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of COLD. Clear Harbor Asset Management LLC bought a new position in Americold Realty Trust during the third quarter valued at $485,000. Envestnet Asset Management Inc. grew its holdings in Americold Realty Trust by 23.7% during the third quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock valued at $11,282,000 after purchasing an additional 176,581 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Americold Realty Trust by 70.0% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock valued at $2,703,000 after purchasing an additional 90,912 shares during the period. Chilton Capital Management LLC grew its holdings in Americold Realty Trust by 3,914.2% during the third quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock valued at $5,654,000 after purchasing an additional 442,970 shares during the period. Finally, WINTON GROUP Ltd bought a new position in Americold Realty Trust during the third quarter valued at $2,663,000. Institutional investors and hedge funds own 98.14% of the company’s stock.
Americold Realty Trust Trading Down 2.8%
NYSE:COLD opened at $11.94 on Tuesday. The company has a market cap of $3.40 billion, a P/E ratio of -29.84 and a beta of 0.89. The stock’s fifty day moving average price is $12.12 and its two-hundred day moving average price is $12.30. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $19.40. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.12 and a quick ratio of 0.12.
Americold Realty Trust (NYSE:COLD – Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.68). The company had revenue of $658.45 million for the quarter, compared to analysts’ expectations of $654.55 million. Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The company’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, analysts expect that Americold Realty Trust Inc. will post 1.18 EPS for the current year.
Americold Realty Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 7.7%. Americold Realty Trust’s dividend payout ratio is currently -230.00%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on COLD shares. Barclays lowered Americold Realty Trust from an “overweight” rating to an “underweight” rating and reduced their price objective for the company from $15.00 to $12.00 in a report on Monday, April 27th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a report on Friday, March 27th. UBS Group increased their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Compass Point started coverage on Americold Realty Trust in a report on Wednesday, March 18th. They set a “buy” rating and a $14.50 price objective for the company. Finally, Scotiabank raised Americold Realty Trust to a “hold” rating in a report on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $14.10.
View Our Latest Stock Report on COLD
Americold Realty Trust Company 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.
Further Reading
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