Massachusetts Financial Services Co. MA Sells 831,119 Shares of Americold Realty Trust Inc. $COLD

Key Points

• Massachusetts Financial Services Co. MA trimmed its stake in Americold by 20.1%, selling 831,119 shares and now holds 3,296,165 shares (about 1.16%) valued at roughly $42.39 million.
• Americold reported a quarterly EPS of ($0.31) versus $0.37 expected and revenue of $658.45 million, and set FY2026 guidance of $1.20–$1.30 EPS while analysts forecast about $1.47.
• The company declared a quarterly dividend of $0.23 (ex-dividend March 31, payable April 15), equal to an annualized $0.92 and a yield of about 7.4%.

Massachusetts Financial Services Co. MA trimmed its stake in Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 20.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,296,165 shares of the company's stock after selling 831,119 shares during the period. Massachusetts Financial Services Co. MA owned 1.16% of Americold Realty Trust worth $42,389,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in COLD. Baupost Group LLC MA bought a new position in shares of Americold Realty Trust in the 3rd quarter worth $44,064,000. DAVENPORT & Co LLC bought a new position in shares of Americold Realty Trust in the 3rd quarter worth $38,980,000. American Century Companies Inc. raised its stake in shares of Americold Realty Trust by 53.4% during the 3rd quarter. American Century Companies Inc. now owns 7,913,079 shares of the company's stock worth $96,856,000 after acquiring an additional 2,754,751 shares in the last quarter. Private Management Group Inc. raised its stake in shares of Americold Realty Trust by 80.5% during the 3rd quarter. Private Management Group Inc. now owns 4,004,568 shares of the company's stock worth $49,016,000 after acquiring an additional 1,786,218 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Americold Realty Trust by 61.0% during the 3rd quarter. Bank of America Corp DE now owns 4,461,903 shares of the company's stock worth $54,614,000 after acquiring an additional 1,689,914 shares in the last quarter. 98.14% of the stock is owned by institutional investors.

Americold Realty Trust Trading Up 0.6%

Shares of NYSE:COLD opened at $12.35 on Wednesday. The business's 50-day moving average is $12.17 and its 200 day moving average is $12.35. Americold Realty Trust Inc. has a 1 year low of $10.10 and a 1 year high of $20.75. The firm has a market capitalization of $3.52 billion, a P/E ratio of -30.87, a P/E/G ratio of 4.28 and a beta of 0.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.12 and a quick ratio of 0.12.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative net margin of 4.40% and a negative return on equity of 3.71%. The company had revenue of $658.45 million for the quarter, compared to analyst estimates of $654.55 million. During the same quarter in the previous year, the company posted $0.37 EPS. The company's revenue for the quarter was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, research analysts predict that Americold Realty Trust Inc. will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders 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 dividend on an annualized basis and a yield of 7.4%. Americold Realty Trust's dividend payout ratio is presently -230.00%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Citigroup boosted their price objective on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. Evercore set a $14.00 price objective on shares of Americold Realty Trust in a research note on Friday, February 20th. Weiss Ratings reiterated a "sell (d)" rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Scotiabank upgraded shares of Americold Realty Trust to a "hold" rating in a research note on Wednesday, March 11th. Finally, Piper Sandler assumed coverage on Americold Realty Trust in a research report on Wednesday, April 1st. They set a "neutral" rating and a $13.00 target price on the stock. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $14.30.

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.

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