Mitsubishi UFJ Asset Management Co. Ltd. Invests $3.86 Million in Americold Realty Trust Inc. $COLD

Key Points

• Mitsubishi UFJ Asset Management acquired 245,532 Americold Realty Trust shares worth approximately $3.86 million, representing about 0.09% of the company. Institutional investors collectively own 98.14% of COLD.
• Analyst sentiment remains mixed, with a consensus “Hold” rating from 16 analysts and an average price target of $15.63; recent targets range from $16 to $19.
• Americold reported quarterly revenue of $662.89 million, ahead of the $613.54 million consensus estimate, while earnings were $0.35 per share and revenue increased 1.9% year over year. Shares opened at $15.24, up 1.5%.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 245,532 shares of the company's stock, valued at approximately $3,860,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.09% of Americold Realty Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in Americold Realty Trust by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company's stock worth $27,000 after purchasing an additional 806 shares during the period. Farther Finance Advisors LLC increased its holdings in Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company's stock valued at $36,000 after buying an additional 942 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Americold Realty Trust by 63.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company's stock valued at $30,000 after buying an additional 948 shares in the last quarter. Norinchukin Bank The raised its stake in shares of Americold Realty Trust by 8.0% in the 3rd quarter. Norinchukin Bank The now owns 13,465 shares of the company's stock valued at $165,000 after buying an additional 1,001 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Americold Realty Trust by 9.2% during the 4th quarter. Empowered Funds LLC now owns 13,762 shares of the company's stock worth $177,000 after acquiring an additional 1,164 shares during the period. Institutional investors own 98.14% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Scotiabank raised their price target on shares of Americold Realty Trust from $15.00 to $16.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 13th. Wall Street Zen raised Americold Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, June 20th. Evercore restated an "outperform" rating and set a $19.00 target price on shares of Americold Realty Trust in a research report on Friday, August 7th. UBS Group boosted their price target on Americold Realty Trust from $13.00 to $16.00 and gave the company a "neutral" rating in a research note on Friday, July 17th. Finally, Weiss Ratings cut Americold Realty Trust from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $15.63.

Americold Realty Trust Stock Up 1.5%

Shares of NYSE:COLD opened at $15.24 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.25. The firm has a market cap of $4.35 billion, a P/E ratio of -9.58 and a beta of 0.97. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $16.88. The company's 50-day moving average price is $15.01 and its two-hundred day moving average price is $13.69.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. Americold Realty Trust had a negative net margin of 17.44% and a negative return on equity of 16.14%. The company had revenue of $662.89 million during the quarter, compared to the consensus estimate of $613.54 million. During the same period in the previous year, the firm posted $0.36 earnings per share. The company's revenue was up 1.9% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, research analysts forecast that Americold Realty Trust Inc. will post 1.15 EPS for the current fiscal year.

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.

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