92,835 Shares in Americold Realty Trust, Inc. (NYSE:COLD) Bought by Cinctive Capital Management LP

Cinctive Capital Management LP bought a new stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 92,835 shares of the company's stock, valued at approximately $2,624,000.

A number of other hedge funds have also made changes to their positions in COLD. PGGM Investments purchased a new stake in shares of Americold Realty Trust in the second quarter valued at $114,436,000. FMR LLC boosted its stake in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after purchasing an additional 3,844,603 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Americold Realty Trust by 30.8% during the second quarter. Principal Financial Group Inc. now owns 15,300,802 shares of the company's stock worth $390,783,000 after buying an additional 3,602,337 shares in the last quarter. Deprince Race & Zollo Inc. raised its position in shares of Americold Realty Trust by 2,542.7% in the second quarter. Deprince Race & Zollo Inc. now owns 1,712,317 shares of the company's stock valued at $43,733,000 after buying an additional 1,647,522 shares during the last quarter. Finally, Darlington Partners Capital Management LP lifted its stake in shares of Americold Realty Trust by 15.1% during the second quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company's stock valued at $230,321,000 after buying an additional 1,183,571 shares during the period. Hedge funds and other institutional investors own 98.14% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on COLD. Barclays reduced their price target on 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. Royal Bank of Canada lowered their price target on Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, November 13th. Robert W. Baird cut their price objective on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating on the stock in a report on Friday, November 8th. Truist Financial increased their price target on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a research note on Friday, August 16th. Finally, Evercore ISI boosted their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.55.

Americold Realty Trust Trading Down 1.5 %

Shares of NYSE COLD traded down $0.34 on Tuesday, hitting $23.07. The company had a trading volume of 721,873 shares, compared to its average volume of 2,190,833. 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, Inc. has a 12-month low of $21.53 and a 12-month high of $30.92. The business has a 50 day moving average of $25.45 and a two-hundred day moving average of $26.87.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same period last year, the business earned $0.32 EPS. The firm's revenue was up .9% compared to the same quarter last year. As a group, research analysts predict that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal year.

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.