Centersquare Investment Management LLC Trims Holdings in Americold Realty Trust Inc. $COLD

Centersquare Investment Management LLC lowered its holdings in Americold Realty Trust Inc. (NYSE:COLD) by 11.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,295,782 shares of the company’s stock after selling 433,143 shares during the quarter. Centersquare Investment Management LLC owned approximately 1.16% of Americold Realty Trust worth $40,340,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. AGF Management Ltd. grew its holdings in shares of Americold Realty Trust by 49.2% during the 2nd quarter. AGF Management Ltd. now owns 182,762 shares of the company’s stock worth $3,039,000 after acquiring an additional 60,276 shares during the period. Clear Harbor Asset Management LLC bought a new stake in shares of Americold Realty Trust during the third quarter valued at approximately $485,000. Envestnet Asset Management Inc. boosted its position in shares of 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 in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its holdings in Americold Realty Trust by 70.0% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock worth $2,703,000 after purchasing an additional 90,912 shares in the last quarter. Finally, Chilton Capital Management LLC raised its holdings in Americold Realty Trust by 3,914.2% in the third quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock worth $5,654,000 after purchasing an additional 442,970 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Price Performance

Shares of COLD opened at $13.16 on Thursday. The company has a market capitalization of $3.75 billion, a P/E ratio of -32.89, a price-to-earnings-growth ratio of 4.64 and a beta of 0.91. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.16. The firm has a 50 day moving average of $12.86 and a 200 day moving average of $12.84. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $23.52.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings data 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 business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.64%. The business’s revenue was down 1.2% compared to the same quarter last year. During the same period last year, the company posted $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts anticipate that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 7.0%. The ex-dividend date was Wednesday, December 31st. Americold Realty Trust’s dividend payout ratio (DPR) is presently -230.00%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on COLD. Wells Fargo & Company dropped their target price on shares of Americold Realty Trust from $15.00 to $11.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Barclays dropped their price objective on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. JPMorgan Chase & Co. decreased their target price on shares of Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, November 14th. Scotiabank upped their price target on Americold Realty Trust from $12.00 to $14.00 and gave the stock a “sector perform” rating in a research note on Friday, January 9th. Finally, Truist Financial reduced their price objective on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, December 24th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Americold Realty Trust presently has an average rating of “Hold” and a consensus price target of $14.15.

About Americold Realty Trust

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.