BNP Paribas Financial Markets Sells 37,899 Shares of Americold Realty Trust, Inc. (NYSE:COLD)

BNP Paribas Financial Markets trimmed its position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 14.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 219,013 shares of the company's stock after selling 37,899 shares during the period. BNP Paribas Financial Markets owned about 0.08% of Americold Realty Trust worth $6,191,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in Americold Realty Trust by 30.8% in the 2nd quarter. Principal Financial Group Inc. now owns 15,300,802 shares of the company's stock worth $390,783,000 after purchasing an additional 3,602,337 shares during the period. FMR LLC increased its stake in Americold Realty Trust by 40.8% in 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 period. Darlington Partners Capital Management LP grew its position in shares of Americold Realty Trust by 15.1% in the 2nd quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company's stock worth $230,321,000 after buying an additional 1,183,571 shares during the last quarter. PGGM Investments bought a new stake in shares of Americold Realty Trust in the 2nd quarter worth approximately $114,436,000. Finally, Long Pond Capital LP grew its position in shares of Americold Realty Trust by 2.9% in the 2nd quarter. Long Pond Capital LP now owns 4,385,307 shares of the company's stock worth $112,001,000 after buying an additional 123,440 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

Americold Realty Trust stock traded down $0.31 during mid-day trading on Tuesday, reaching $23.10. 1,647,203 shares of the stock traded hands, compared to its average volume of 2,192,472. 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, Inc. has a 12-month low of $21.53 and a 12-month high of $30.92. The business's 50-day moving average is $25.45 and its 200-day moving average is $26.87.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.35). The firm had revenue of $674.17 million for the quarter, compared to analysts' expectations 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 firm's revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.32 EPS. Equities research analysts anticipate that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on COLD. Evercore ISI lifted their price target on Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research report on Wednesday, August 28th. Scotiabank lifted their price target on Americold Realty Trust from $30.00 to $31.00 and gave the company a "sector outperform" rating in a research report on Monday, August 19th. Robert W. Baird dropped their price target on Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating on the stock in a research report on Friday, November 8th. Royal Bank of Canada dropped their price target on Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 13th. Finally, Truist Financial boosted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the stock a "buy" rating in a report on Friday, August 16th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Americold Realty Trust has a consensus rating of "Moderate Buy" and an average price target of $30.55.

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.