Cerity Partners LLC Boosts Stake in Americold Realty Trust, Inc. (NYSE:COLD)

Cerity Partners LLC grew its stake in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 87.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,873 shares of the company's stock after purchasing an additional 25,554 shares during the period. Cerity Partners LLC's holdings in Americold Realty Trust were worth $1,551,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of COLD. Capital Insight Partners LLC lifted its position in Americold Realty Trust by 2.6% during the 2nd quarter. Capital Insight Partners LLC now owns 15,274 shares of the company's stock worth $390,000 after acquiring an additional 380 shares during the period. Moors & Cabot Inc. lifted its holdings in Americold Realty Trust by 2.3% in the second quarter. Moors & Cabot Inc. now owns 17,340 shares of the company's stock valued at $443,000 after acquiring an additional 390 shares during the last quarter. Signaturefd LLC lifted its stake in Americold Realty Trust by 17.3% during the third quarter. Signaturefd LLC now owns 4,683 shares of the company's stock worth $132,000 after purchasing an additional 689 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of Americold Realty Trust by 1.0% in the third quarter. Handelsbanken Fonder AB now owns 73,900 shares of the company's stock valued at $2,089,000 after acquiring an additional 700 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Americold Realty Trust by 189.9% during the third quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $32,000 after purchasing an additional 735 shares during the last quarter. 98.14% of the stock is owned by institutional investors.

Americold Realty Trust Stock Performance

NYSE COLD traded down $0.25 during trading hours on Wednesday, hitting $22.85. The company's stock had a trading volume of 1,215,859 shares, compared to its average volume of 2,190,908. The company's 50 day simple moving average is $25.33 and its two-hundred day simple moving average is $26.85. The company has a market cap of $6.50 billion, a P/E ratio of -22.76, a price-to-earnings-growth ratio of 1.85 and a beta of 0.59. Americold Realty Trust, Inc. has a 12 month low of $21.53 and a 12 month high of $30.92. 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 the consensus estimate 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 firm had revenue of $674.17 million for the quarter, compared to analysts' expectations of $663.87 million. During the same period last year, the company earned $0.32 earnings per share. The firm's revenue was up .9% on a year-over-year basis. As a group, sell-side analysts expect that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on COLD. 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. Scotiabank raised their price objective 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. Robert W. Baird reduced their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating for the company in a report on Friday, November 8th. Barclays decreased their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating for the company in a research note on Monday, November 18th. Finally, Royal Bank of Canada decreased their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, November 13th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus price target 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.