Anson Funds Management LP Has $1.04 Million Position in Americold Realty Trust, Inc. (NYSE:COLD)

Anson Funds Management LP cut its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 72.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,917 shares of the company's stock after selling 98,083 shares during the period. Anson Funds Management LP's holdings in Americold Realty Trust were worth $1,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Americold Realty Trust by 9.6% during the third 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 period. PGGM Investments acquired a new position in shares of Americold Realty Trust during the second quarter worth approximately $114,436,000. Charles Schwab Investment Management Inc. boosted its position in shares of Americold Realty Trust by 4.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company's stock worth $110,255,000 after buying an additional 165,667 shares during the period. SG Americas Securities LLC bought a new stake in Americold Realty Trust during the second quarter worth approximately $226,000. Finally, Foresight Group Ltd Liability Partnership raised its holdings in Americold Realty Trust by 231.7% during the third quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company's stock worth $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 Stock Up 0.4 %

NYSE:COLD traded up $0.09 during trading hours on Friday, reaching $23.13. The company's stock had a trading volume of 1,442,421 shares, compared to its average volume of 2,405,883. The company has a market cap of $6.57 billion, a price-to-earnings ratio of -22.90, a price-to-earnings-growth ratio of 1.81 and a beta of 0.59. Americold Realty Trust, Inc. has a one year low of $21.53 and a one year high of $30.92. The business's 50-day moving average is $24.99 and its 200-day 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 issued its quarterly earnings data 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 return on equity of 8.08% and a negative net margin of 10.63%. The business had revenue of $674.17 million during the quarter, compared to the consensus estimate of $663.87 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company's revenue for the quarter was up .9% on a year-over-year basis. Equities research analysts predict that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

Insider Buying and Selling at Americold Realty Trust

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $22.64, for a total transaction of $41,567.04. Following the completion of the sale, the senior vice president now directly owns 1,837 shares in the company, valued at $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company's stock.

Wall Street Analysts Forecast Growth

COLD has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price 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. Robert W. Baird dropped their target price on 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 dropped their target price on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday. 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 report on Monday, November 18th. Finally, Citigroup dropped their target price on Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.83.

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.