Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Atom Investors LP

Atom Investors LP trimmed its position in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 15.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,750 shares of the company’s stock after selling 15,151 shares during the quarter. Atom Investors LP’s holdings in Americold Realty Trust were worth $2,368,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in COLD. Assetmark Inc. boosted its holdings in Americold Realty Trust by 2,288.1% in the 3rd quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock valued at $28,000 after purchasing an additional 961 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Americold Realty Trust by 189.9% in the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $32,000 after acquiring an additional 735 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in Americold Realty Trust in the third quarter worth approximately $55,000. Blue Trust Inc. increased its stake in Americold Realty Trust by 2,727.4% during the second quarter. Blue Trust Inc. now owns 2,997 shares of the company’s stock worth $75,000 after acquiring an additional 2,891 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Americold Realty Trust during the second quarter worth $85,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Americold Realty Trust Stock Down 1.9 %

Shares of NYSE COLD opened at $23.40 on Tuesday. The stock has a market cap of $6.65 billion, a P/E ratio of -23.17, a PEG ratio of 1.89 and a beta of 0.61. The business’s fifty day simple moving average is $25.45 and its 200-day simple moving average is $26.87. Americold Realty Trust, Inc. has a 12-month low of $21.53 and a 12-month high of $30.92. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.35). Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The company had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same period in the prior year, the business earned $0.32 EPS. Americold Realty Trust’s revenue for the quarter was up .9% on a year-over-year basis. As a group, equities analysts predict that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Evercore ISI increased their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Royal Bank of Canada dropped their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th. Truist Financial upped their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Finally, Robert W. Baird dropped their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $30.55.

About Americold Realty Trust

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.