Global Alpha Capital Management Ltd. Reduces Stock Holdings in Americold Realty Trust Inc. $COLD

Global Alpha Capital Management Ltd. lessened its stake in Americold Realty Trust Inc. (NYSE:COLD) by 43.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,037 shares of the company’s stock after selling 56,714 shares during the quarter. Global Alpha Capital Management Ltd.’s holdings in Americold Realty Trust were worth $1,231,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its stake in shares of Americold Realty Trust by 49,833.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock valued at $25,000 after purchasing an additional 1,495 shares during the period. GKV Capital Management Co. Inc. acquired a new stake in Americold Realty Trust during the 1st quarter valued at $36,000. Assetmark Inc. increased its stake in Americold Realty Trust by 64.2% during the 1st quarter. Assetmark Inc. now owns 2,113 shares of the company’s stock worth $45,000 after buying an additional 826 shares during the period. Avalon Trust Co acquired a new position in Americold Realty Trust in the 1st quarter worth $49,000. Finally, Whipplewood Advisors LLC lifted its holdings in Americold Realty Trust by 10,869.6% in the 2nd quarter. Whipplewood Advisors LLC now owns 2,523 shares of the company’s stock worth $42,000 after buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Zacks Research lowered Americold Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Barclays lowered their price objective on Americold Realty Trust from $20.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, October 22nd. Evercore ISI reaffirmed an “in-line” rating and issued a $13.00 target price (down from $19.00) on shares of Americold Realty Trust in a research report on Friday. UBS Group started coverage on shares of Americold Realty Trust in a research report on Tuesday, October 14th. They set a “neutral” rating and a $14.00 price target for the company. Finally, Scotiabank dropped their price target on shares of Americold Realty Trust from $20.00 to $16.00 and set a “sector perform” rating for the company in a research note on Friday, September 5th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $17.31.

Americold Realty Trust Price Performance

Shares of COLD opened at $11.79 on Friday. Americold Realty Trust Inc. has a 52 week low of $11.46 and a 52 week high of $24.22. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of -62.03, a PEG ratio of 4.00 and a beta of 0.84. The stock has a 50 day moving average of $13.19 and a 200-day moving average of $15.53.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, November 6th. The company reported $0.35 earnings per share for the quarter, meeting the consensus estimate of $0.35. The firm had revenue of $663.67 million during the quarter, compared to analyst estimates of $659.51 million. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 earnings per share. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. As a group, analysts forecast that Americold Realty Trust Inc. will post 1.47 EPS for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.92 dividend on an annualized basis and a yield of 7.8%. Americold Realty Trust’s dividend payout ratio (DPR) is currently -484.21%.

Americold Realty Trust Profile

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.