Americold Realty Trust Inc. $COLD Stock Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. grew its position in Americold Realty Trust Inc. (NYSE:COLD) by 31.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,158,328 shares of the company’s stock after purchasing an additional 1,241,241 shares during the period. American Century Companies Inc. owned about 1.81% of Americold Realty Trust worth $85,783,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Americold Realty Trust by 49,833.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock valued at $25,000 after buying an additional 1,495 shares in the last quarter. GKV Capital Management Co. Inc. bought a new position in Americold Realty Trust during the first quarter valued at approximately $36,000. Whipplewood Advisors LLC lifted its stake in Americold Realty Trust by 10,869.6% in the second quarter. Whipplewood Advisors LLC now owns 2,523 shares of the company’s stock valued at $42,000 after acquiring an additional 2,500 shares during the last quarter. Assetmark Inc. grew its position in Americold Realty Trust by 64.2% in the first quarter. Assetmark Inc. now owns 2,113 shares of the company’s stock worth $45,000 after acquiring an additional 826 shares in the last quarter. Finally, Avalon Trust Co bought a new stake in Americold Realty Trust in the first quarter worth approximately $49,000. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Stock Up 0.8%

Americold Realty Trust stock opened at $10.56 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.12 and a quick ratio of 0.12. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $24.22. The firm has a fifty day moving average price of $12.46 and a two-hundred day moving average price of $14.77. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of -55.55, a P/E/G ratio of 4.00 and a beta of 0.84.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.The business had revenue of $663.67 million for the quarter, compared to analyst estimates of $659.51 million. During the same period in the previous year, the company posted $0.35 earnings per share. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. As a group, analysts forecast that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Americold Realty Trust’s payout ratio is currently -418.18%.

Wall Street Analyst Weigh In

COLD has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a report on Monday. Wells Fargo & Company cut their target price on Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating on the stock in a report on Tuesday. Barclays reduced their price target on Americold Realty Trust from $20.00 to $17.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Royal Bank Of Canada lowered Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Robert W. Baird cut their price objective on Americold Realty Trust from $23.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 13th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Americold Realty Trust currently has an average rating of “Hold” and an average target price of $16.31.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.