Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Bamco Inc. NY

Bamco Inc. NY lessened its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 41.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 500,000 shares of the company's stock after selling 350,000 shares during the period. Bamco Inc. NY owned approximately 0.18% of Americold Realty Trust worth $14,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its stake in shares of Americold Realty Trust by 3.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 133,694 shares of the company's stock worth $3,332,000 after purchasing an additional 4,544 shares during the period. Walleye Trading LLC purchased a new stake in shares of Americold Realty Trust during the 1st quarter worth about $249,000. Cetera Advisors LLC acquired a new stake in shares of Americold Realty Trust during the 1st quarter valued at about $350,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Americold Realty Trust in the 2nd quarter valued at about $85,000. Finally, CWM LLC boosted its position in Americold Realty Trust by 507.2% during the second quarter. CWM LLC now owns 20,402 shares of the company's stock worth $521,000 after purchasing an additional 17,042 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

NYSE COLD traded down $0.38 during trading on Tuesday, reaching $23.03. 371,529 shares of the company's stock were exchanged, compared to its average volume of 2,189,223. The company has a 50 day moving average price of $25.45 and a two-hundred day moving average price of $26.87. Americold Realty Trust, Inc. has a 1 year low of $21.53 and a 1 year high of $30.92. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Robert W. Baird cut their price objective on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, November 8th. Truist Financial increased their price objective on shares of Americold Realty Trust from $31.00 to $33.00 and gave the company a "buy" rating in a report on Friday, August 16th. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 28th. Royal Bank of Canada decreased their price target on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 13th. Finally, Scotiabank increased their price target on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a "sector outperform" rating in a research note on Monday, August 19th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.55.

Americold Realty Trust 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.