State Street Corp Has $290.46 Million Stake in Americold Realty Trust, Inc. (NYSE:COLD)

State Street Corp reduced its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,195,228 shares of the company's stock after selling 212,309 shares during the quarter. State Street Corp owned 3.59% of Americold Realty Trust worth $290,461,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in Americold Realty Trust by 30.8% during the second 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 last quarter. FMR LLC lifted its position in shares of Americold Realty Trust by 40.8% during the 3rd quarter. FMR LLC now owns 13,261,431 shares of the company's stock worth $374,901,000 after buying an additional 3,844,603 shares during the last quarter. Darlington Partners Capital Management LP boosted its stake in Americold Realty Trust by 15.1% in the second quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company's stock valued at $230,321,000 after buying an additional 1,183,571 shares in the last quarter. Long Pond Capital LP grew its position in Americold Realty Trust by 2.9% in the second quarter. Long Pond Capital LP now owns 4,385,307 shares of the company's stock valued at $112,001,000 after acquiring an additional 123,440 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in 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 acquiring an additional 165,667 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

Americold Realty Trust Trading Up 0.5 %

Americold Realty Trust stock traded up $0.11 during mid-day trading on Wednesday, hitting $22.77. 1,379,030 shares of the stock were exchanged, compared to its average volume of 2,184,591. The firm's fifty day simple moving average is $24.79 and its two-hundred day simple moving average is $26.77. 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 stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of -22.43, a PEG ratio of 1.83 and a beta of 0.59.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its earnings results 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 net margin of 10.63% and a negative return on equity of 8.08%. The firm had revenue of $674.17 million during the quarter, compared to analyst estimates of $663.87 million. During the same quarter in the previous year, the firm earned $0.32 EPS. Americold Realty Trust's quarterly revenue was up .9% on a year-over-year basis. Analysts forecast that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

Wall Street Analyst Weigh In

COLD has been the topic of a number of research analyst reports. Scotiabank reduced their price target on shares of Americold Realty Trust from $31.00 to $27.00 and set a "sector outperform" rating on the stock in a research note on Tuesday. Robert W. Baird decreased their target price on shares of Americold Realty Trust from $31.00 to $28.00 and set an "outperform" rating on the stock in a research note on Friday, November 8th. Truist Financial dropped their price target on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, December 5th. Evercore ISI boosted their price objective 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. Finally, Wells Fargo & Company upped 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. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Americold Realty Trust has an average rating of "Moderate Buy" and an average target price of $29.17.

Insider Activity at Americold Realty Trust

In other Americold Realty Trust news, SVP Robert E. Harris sold 1,836 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $22.64, for a total value 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 approximately $41,589.68. This trade represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by corporate insiders.

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.