NFJ Investment Group LLC Purchases New Stake in Americold Realty Trust, Inc. (NYSE:COLD)

NFJ Investment Group LLC acquired a new position in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 258,925 shares of the company's stock, valued at approximately $7,320,000. NFJ Investment Group LLC owned about 0.09% of Americold Realty Trust as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC grew its position in shares of Americold Realty Trust by 102.5% in the 3rd quarter. HighTower Advisors LLC now owns 19,469 shares of the company's stock worth $549,000 after acquiring an additional 9,853 shares in the last quarter. Hilltop Holdings Inc. acquired a new position in Americold Realty Trust during the 3rd quarter valued at approximately $218,000. Cinctive Capital Management LP acquired a new position in Americold Realty Trust during the 3rd quarter valued at approximately $2,624,000. Adelante Capital Management LLC boosted its position in Americold Realty Trust by 134.7% during the 3rd quarter. Adelante Capital Management LLC now owns 60,651 shares of the company's stock valued at $1,715,000 after purchasing an additional 34,807 shares during the period. Finally, Captrust Financial Advisors boosted its position in Americold Realty Trust by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 18,545 shares of the company's stock valued at $524,000 after purchasing an additional 3,969 shares during the period. Institutional investors and hedge funds own 98.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on COLD shares. Robert W. Baird reduced their price target 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. Evercore ISI boosted their price target on Americold Realty Trust from $33.00 to $34.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 28th. Wells Fargo & Company boosted their price target on Americold Realty Trust from $24.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 28th. Royal Bank of Canada reduced their price target on Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating for the company in a research report on Wednesday, November 13th. Finally, Barclays dropped their price objective 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. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $30.55.

Americold Realty Trust Trading Down 1.4 %

Shares of Americold Realty Trust stock traded down $0.33 on Wednesday, reaching $22.77. 503,358 shares of the company were exchanged, compared to its average volume of 2,187,422. The stock has a fifty day moving average price of $25.33 and a 200-day moving average price of $26.85. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of -22.76, a price-to-earnings-growth ratio of 1.85 and a beta of 0.59. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. Americold Realty Trust, Inc. has a fifty-two week low of $21.53 and a fifty-two week high of $30.92.

Americold Realty Trust (NYSE:COLD - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.35). The business had revenue of $674.17 million for the quarter, compared to analyst estimates 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 quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 earnings per share. On average, analysts expect that Americold Realty Trust, Inc. will post 1.38 EPS for the current 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.