Reinhart Partners LLC. Sells 111,791 Shares of Americold Realty Trust Inc. $COLD

Reinhart Partners LLC. cut its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD) by 29.0% during the fourth quarter, Holdings Channel reports. The fund owned 274,127 shares of the company’s stock after selling 111,791 shares during the period. Reinhart Partners LLC.’s holdings in Americold Realty Trust were worth $3,525,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its position in Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after acquiring an additional 806 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after acquiring an additional 948 shares during the last quarter. Avalon Trust Co bought a new stake in Americold Realty Trust during the 3rd quarter worth approximately $32,000. Farther Finance Advisors LLC grew its position in Americold Realty Trust by 51.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after acquiring an additional 942 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Americold Realty Trust by 106.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after acquiring an additional 1,432 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Down 2.6%

Shares of COLD opened at $14.93 on Wednesday. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of -38.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. The business’s fifty day moving average price is $12.97 and its two-hundred day moving average price is $12.53. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $18.08.

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

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is currently -235.90%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Royal Bank Of Canada increased their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 26th. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research report on Thursday, February 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Friday, March 27th. Robert W. Baird set a $15.00 price objective on Americold Realty Trust in a research report on Friday, May 8th. Finally, Piper Sandler assumed coverage on Americold Realty Trust in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $13.00 price objective on the stock. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $14.93.

Americold Realty Trust Company 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.