Tidal Investments LLC Buys 30,875 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

Tidal Investments LLC grew its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 51.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 91,203 shares of the company’s stock after acquiring an additional 30,875 shares during the period. Tidal Investments LLC’s holdings in Americold Realty Trust were worth $2,578,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of COLD. Assetmark Inc. lifted its stake in Americold Realty Trust by 2,288.1% in the third 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 raised its stake in shares of 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 buying an additional 735 shares during the period. Loomis Sayles & Co. L P purchased a new position in shares of Americold Realty Trust during the 3rd quarter valued at $55,000. Blue Trust Inc. grew its stake in shares of Americold Realty Trust by 2,727.4% during the 2nd 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 period. Finally, Signaturefd LLC increased its holdings in Americold Realty Trust by 22.7% in the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $102,000 after acquiring an additional 740 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on COLD. Scotiabank dropped their price objective on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a report on Tuesday, December 10th. Evercore ISI raised their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Royal Bank of Canada reduced their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Barclays dropped their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Finally, Robert W. Baird decreased their price objective on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, November 8th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.17.

Americold Realty Trust Stock Up 1.4 %

Shares of NYSE COLD opened at $22.80 on Monday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average of $24.51 and a 200-day moving average of $26.71. The firm has a market capitalization of $6.48 billion, a price-to-earnings ratio of -22.57, a PEG ratio of 1.80 and a beta of 0.59. Americold Realty Trust, Inc. has a 12 month low of $21.53 and a 12 month high of $30.92.

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

Insider Activity at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total value of $41,567.04. Following the completion of the sale, the senior vice president now owns 1,837 shares in the company, valued at $41,589.68. The trade was a 49.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.17% of the stock is owned by insiders.

Americold Realty Trust Company Profile

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.