Lasalle Investment Management Securities LLC Sells 150,334 Shares of Americold Realty Trust Inc. $COLD

Lasalle Investment Management Securities LLC cut its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,804,956 shares of the company’s stock after selling 150,334 shares during the period. Americold Realty Trust makes up 3.5% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 11th biggest holding. Lasalle Investment Management Securities LLC’s holdings in Americold Realty Trust were worth $87,512,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in Americold Realty Trust by 23.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock worth $11,282,000 after purchasing an additional 176,581 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Americold Realty Trust by 70.0% in the 3rd 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. Vanguard Group Inc. grew its position in Americold Realty Trust by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 38,208,902 shares of the company’s stock worth $467,677,000 after purchasing an additional 367,920 shares in the last quarter. WINTON GROUP Ltd bought a new stake in Americold Realty Trust in the 3rd quarter worth about $2,663,000. Finally, SG Americas Securities LLC bought a new stake in Americold Realty Trust in the 4th quarter worth about $10,118,000. 98.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on COLD. Evercore set a $17.00 price objective on shares of Americold Realty Trust in a research report on Friday, May 8th. Barclays upped their price objective on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Bank of America downgraded shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective for the company. in a research report on Thursday, February 5th. Royal Bank Of Canada upped their price objective on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Finally, Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $14.87.

Americold Realty Trust Stock Down 0.0%

COLD opened at $15.69 on Monday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of -40.22 and a beta of 0.97. Americold Realty Trust Inc. has a twelve month low of $10.10 and a twelve month high of $18.08. The company’s 50-day moving average price is $12.89 and its two-hundred day moving average price is $12.50.

Americold Realty Trust (NYSE:COLD) last released its earnings results 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. The firm had revenue of $629.87 million for the quarter, compared to analysts’ expectations of $613.77 million. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities analysts expect that Americold Realty Trust Inc. will post 1.18 earnings per share for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

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.