Squarepoint Ops LLC Acquires 92,563 Shares of Americold Realty Trust Inc. $COLD

Key Points

• Squarepoint Ops LLC more than doubled its Americold Realty Trust stake in the second quarter, purchasing 92,563 additional shares for a total of 162,204 shares valued at approximately $2.55 million. Institutional investors collectively own 98.14% of COLD.
• Analysts maintain a mixed outlook, with four Buy, nine Hold and three Sell ratings. The stock has an overall “Hold” consensus and a $15.63 average price target, compared with its recent price of $14.59.
• Americold reported quarterly revenue of $662.89 million, exceeding estimates, while earnings were $0.35 per share and revenue rose 1.9% year over year. The company declared a quarterly dividend of $0.23 per share, representing a 6.3% annualized yield.

Squarepoint Ops LLC grew its holdings in Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 132.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 162,204 shares of the company's stock after buying an additional 92,563 shares during the quarter. Squarepoint Ops LLC owned approximately 0.06% of Americold Realty Trust worth $2,550,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Sterling Investment Advisors Ltd. raised its stake in shares of Americold Realty Trust by 84.9% in the second quarter. Sterling Investment Advisors Ltd. now owns 28,525 shares of the company's stock worth $448,000 after acquiring an additional 13,100 shares during the last quarter. Allworth Financial LP raised its position in Americold Realty Trust by 368.4% in the 2nd quarter. Allworth Financial LP now owns 7,311 shares of the company's stock worth $115,000 after purchasing an additional 5,750 shares during the last quarter. West Family Investments Inc. bought a new position in Americold Realty Trust in the 2nd quarter valued at $176,000. Nykredit A S bought a new stake in shares of Americold Realty Trust during the second quarter worth $75,000. Finally, Corient Private Wealth LP raised its position in shares of Americold Realty Trust by 78.7% during the second quarter. Corient Private Wealth LP now owns 66,316 shares of the company's stock worth $1,048,000 after acquiring an additional 29,216 shares during the last quarter. 98.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on COLD shares. Weiss Ratings downgraded shares of Americold Realty Trust from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, August 11th. KeyCorp reiterated an "overweight" rating on shares of Americold Realty Trust in a research report on Monday, August 10th. Evercore reissued an "outperform" rating and set a $19.00 price target on shares of Americold Realty Trust in a research note on Friday, August 7th. UBS Group increased their price objective on shares of Americold Realty Trust from $13.00 to $16.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Finally, DA Davidson set a $16.00 price objective on shares of Americold Realty Trust in a research note on Tuesday, August 18th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $15.63.

Americold Realty Trust Price Performance

COLD opened at $14.59 on Monday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.25. Americold Realty Trust Inc. has a 12 month low of $10.10 and a 12 month high of $16.88. The company has a fifty day simple moving average of $14.90 and a 200 day simple moving average of $13.89. The stock has a market cap of $4.17 billion, a P/E ratio of -9.18 and a beta of 0.98.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.The firm had revenue of $662.89 million for the quarter, compared to analyst estimates of $613.54 million. During the same period in the previous year, the company posted $0.36 earnings per share. The company's revenue for the quarter 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. On average, research analysts expect that Americold Realty Trust Inc. will post 1.15 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.92 annualized dividend and a dividend yield of 6.3%. Americold Realty Trust's dividend payout ratio is currently -57.86%.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. The company provides cold storage infrastructure for food producers, retailers, distributors and other customers whose products require refrigerated or frozen environments.

Americold's services include refrigerated and frozen storage, handling, inventory management, transportation coordination and other supply-chain solutions. Its facilities support the movement of perishable products such as meat, seafood, dairy, fruits and vegetables, prepared foods and other temperature-sensitive goods from producers to retailers and consumers.

The company serves customers through a network of temperature-controlled properties in key food distribution markets across North America, Europe and the Asia-Pacific region.

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