Clear Harbor Asset Management LLC Grows Stock Holdings in Americold Realty Trust Inc. $COLD

Clear Harbor Asset Management LLC increased its stake in shares of Americold Realty Trust Inc. (NYSE:COLD) by 115.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,469 shares of the company’s stock after buying an additional 45,879 shares during the period. Clear Harbor Asset Management LLC’s holdings in Americold Realty Trust were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in COLD. Goldman Sachs Group Inc. boosted its holdings in Americold Realty Trust by 42.5% during the first 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 in the last quarter. Empowered Funds LLC purchased a new stake in Americold Realty Trust during the first quarter worth about $240,000. Jane Street Group LLC boosted its holdings in 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 buying an additional 5,693 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Americold Realty Trust during the second quarter worth about $86,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after buying an additional 1,593 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $15.34 on Tuesday. The firm has a 50 day simple moving average of $12.97 and a 200-day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a market cap of $4.38 billion, a PE ratio of -39.33 and a beta of 0.89. Americold Realty Trust Inc. has a 1-year low of $10.10 and a 1-year high of $18.08.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The business had revenue of $629.87 million during the quarter, compared to analyst estimates of $613.77 million. During the same quarter in the previous year, the business posted $0.34 earnings per share. The company’s revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts expect that Americold Realty Trust Inc. will post 1.18 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.92 annualized dividend and a yield of 6.0%. Americold Realty Trust’s dividend payout ratio is -235.90%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wells Fargo & Company upped their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday. Evercore set a $17.00 price target on shares of Americold Realty Trust in a report on Friday, May 8th. Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Royal Bank Of Canada upped their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Finally, Citigroup upped their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $14.93.

Americold Realty Trust 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.