Quadrature Capital Ltd Makes New Investment in Americold Realty Trust, Inc. (NYSE:COLD)

Quadrature Capital Ltd purchased a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,774 shares of the company's stock, valued at approximately $644,000.

A number of other institutional investors also recently bought and sold shares of COLD. Sumitomo Mitsui Trust Group Inc. raised its position in Americold Realty Trust by 9.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company's stock worth $39,936,000 after buying an additional 123,776 shares during the last quarter. PGGM Investments purchased a new position in Americold Realty Trust during the second quarter worth about $114,436,000. Charles Schwab Investment Management Inc. lifted its position in Americold Realty Trust by 4.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company's stock valued at $110,255,000 after purchasing an additional 165,667 shares during the period. SG Americas Securities LLC purchased a new stake in Americold Realty Trust in the 2nd quarter valued at approximately $226,000. Finally, Foresight Group Ltd Liability Partnership boosted its holdings in Americold Realty Trust by 231.7% in the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company's stock valued at $2,079,000 after purchasing an additional 51,372 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Price Performance

Americold Realty Trust stock traded up $0.28 during mid-day trading on Monday, hitting $23.41. 2,237,920 shares of the company were exchanged, compared to its average volume of 2,186,627. Americold Realty Trust, Inc. has a 12-month low of $21.53 and a 12-month high of $30.92. The company has a market capitalization of $6.65 billion, a P/E ratio of -23.28, a PEG ratio of 1.83 and a beta of 0.59. The business's 50 day simple moving average is $24.99 and its two-hundred day simple moving average is $26.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15.

Americold Realty Trust (NYSE:COLD - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.35). The firm had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. The company's revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.32 EPS. Analysts forecast that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on COLD. Barclays lowered their price target on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Monday, November 18th. Truist Financial lowered their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday. Royal Bank of Canada reduced 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. Robert W. Baird decreased their price target 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. Finally, Evercore ISI raised their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $29.83.

Insider Activity at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the company's stock in a transaction 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 transaction, the senior vice president now directly owns 1,837 shares in the company, valued at approximately $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.17% of the company's stock.

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.