SCHEDULE 13G/A: Cohen & Steers Maintains Significant Passive Stake in Americold Realty Trust

Cohen & Steers, Inc. and its affiliates have filed an Amendment No. 7 to their Schedule 13G, reaffirming a beneficial ownership of 10.35% of Americold Realty Trust's common stock as of December 31, 2024.

Summary

• Cohen & Steers, Inc. and its affiliated entities, including Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd, Cohen & Steers Asia Limited, and Cohen & Steers Ireland Limited, have filed an Amendment No. 7 to their Schedule 13G.
• The filing reports their beneficial ownership in Americold Realty Trust's Common Stock (CUSIP 03064D108).
• As of December 31, 2024, Cohen & Steers, Inc. beneficially owns an aggregate of 29,410,338 shares, representing 10.35% of the class.
• Cohen & Steers Capital Management, Inc. holds sole voting power over 21,220,440 shares and sole dispositive power over 29,257,644 shares, representing 10.29% of the class.
• Cohen & Steers UK Ltd holds sole voting power over 35,327 shares and sole dispositive power over 118,915 shares, representing 0.04% of the class.
• Cohen & Steers Ireland Limited holds sole voting power over 33,779 shares and sole dispositive power over 33,779 shares, representing 0.01% of the class.
• Cohen & Steers Asia Limited reported 0 shares beneficially owned.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual, routine disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by an investment management firm in a publicly traded Real Estate Investment Trust (REIT). It reflects ongoing portfolio management by Cohen & Steers, a firm known for specializing in real estate and infrastructure investments, and is a standard transparency requirement for large institutional holders.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming that the shares are held for investment purposes and not for control.

Key Dates

Keywords

Americold Realty Trust, Cohen & Steers, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, REIT, Real Estate Investment Trust