Exchange Traded Concepts LLC Takes Position in Americold Realty Trust Inc. $COLD

Exchange Traded Concepts LLC purchased a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 335,262 shares of the company’s stock, valued at approximately $4,311,000. Exchange Traded Concepts LLC owned approximately 0.12% of Americold Realty Trust at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its position in Americold Realty Trust by 42.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after buying an additional 626,160 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Americold Realty Trust during the first quarter valued at about $240,000. Jane Street Group LLC increased its position in shares of Americold Realty Trust by 8.7% during the first 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 during the last quarter. Creative Planning increased its position in shares of Americold Realty Trust by 25.8% during the second quarter. Creative Planning now owns 58,573 shares of the company’s stock worth $974,000 after acquiring an additional 12,004 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Americold Realty Trust by 4.9% in the second quarter. Franklin Resources Inc. now owns 146,854 shares of the company’s stock worth $2,442,000 after acquiring an additional 6,820 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Up 4.6%

Shares of Americold Realty Trust stock opened at $11.44 on Tuesday. The business has a 50-day moving average price of $12.40 and a 200 day moving average price of $12.44. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $21.94. The firm has a market cap of $3.26 billion, a P/E ratio of -28.60, a P/E/G ratio of 3.82 and a beta of 0.89. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17.

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

Americold Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.23 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.92 annualized dividend and a yield of 8.0%. Americold Realty Trust’s dividend payout ratio (DPR) is -230.00%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on COLD shares. Bank of America downgraded Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target for the company. in a report on Thursday, February 5th. Barclays dropped their price objective on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Citigroup increased their target price on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Truist Financial decreased their price target on shares of 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. Finally, Wells Fargo & Company lifted their price target on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of “Hold” and an average target price of $14.39.

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.