APG Asset Management US Inc. Reduces Stake in Americold Realty Trust Inc. $COLD

APG Asset Management US Inc. decreased its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 10.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,139,704 shares of the company’s stock after selling 1,369,006 shares during the quarter. Americold Realty Trust makes up approximately 1.1% of APG Asset Management US Inc.’s portfolio, making the stock its 20th biggest position. APG Asset Management US Inc. owned approximately 4.26% of Americold Realty Trust worth $149,440,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in shares of Americold Realty Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock worth $45,025,000 after buying an additional 626,160 shares during the last quarter. Empowered Funds LLC acquired a new stake in Americold Realty Trust during the 1st quarter worth $240,000. Jane Street Group LLC raised its stake in Americold Realty Trust by 8.7% during the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after acquiring an additional 5,693 shares in the last quarter. AlphaQuest LLC lifted its position in Americold Realty Trust by 7.3% in the second quarter. AlphaQuest LLC now owns 9,334 shares of the company’s stock valued at $155,000 after acquiring an additional 633 shares during the last quarter. Finally, Spire Wealth Management boosted its stake in Americold Realty Trust by 73.5% in the second quarter. Spire Wealth Management now owns 4,190 shares of the company’s stock valued at $70,000 after acquiring an additional 1,775 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $13.40 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.11 and a quick ratio of 0.11. The business has a 50 day simple moving average of $12.91 and a 200-day simple moving average of $12.83. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $23.05. The stock has a market capitalization of $3.82 billion, a PE ratio of -33.51, a price-to-earnings-growth ratio of 4.75 and a beta of 0.91.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The firm had revenue of $658.45 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts predict that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Wednesday, December 31st. Americold Realty Trust’s dividend payout ratio is currently -230.00%.

Analysts Set New Price Targets

COLD has been the topic of a number of research analyst reports. Robert W. Baird reiterated a “neutral” rating and set a $13.00 target price (down from $16.00) on shares of Americold Realty Trust in a research report on Thursday, December 18th. Truist Financial cut their price target on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, December 24th. Zacks Research upgraded Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. Scotiabank raised their target price on shares of Americold Realty Trust from $12.00 to $14.00 and gave the stock a “sector perform” rating in a research report on Friday, January 9th. Finally, UBS Group lifted their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price 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.