Tidal Investments LLC Raises Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Tidal Investments LLC boosted its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 51.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,203 shares of the company's stock after acquiring an additional 30,875 shares during the period. Tidal Investments LLC's holdings in Americold Realty Trust were worth $2,578,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. TCW Group Inc. bought a new position in shares of Americold Realty Trust during the third quarter valued at $1,880,000. Barclays PLC raised its holdings in Americold Realty Trust by 22.3% in the third quarter. Barclays PLC now owns 98,739 shares of the company's stock worth $2,791,000 after buying an additional 18,015 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of Americold Realty Trust by 1.8% in the third quarter. MML Investors Services LLC now owns 48,558 shares of the company's stock worth $1,373,000 after buying an additional 882 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of Americold Realty Trust by 269.4% during the third quarter. XTX Topco Ltd now owns 42,449 shares of the company's stock valued at $1,200,000 after buying an additional 30,958 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Americold Realty Trust during the third quarter valued at approximately $644,000. Institutional investors own 98.14% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on COLD. Raymond James lowered their price target on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Wednesday, December 11th. Evercore ISI raised their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the stock an "outperform" rating in a report on Wednesday, August 28th. Barclays lowered their price target on Americold Realty Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a report on Monday, November 18th. Truist Financial reduced their price objective on Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, December 5th. Finally, Robert W. Baird dropped their target price 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. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $29.17.

Insider Buying and Selling at Americold Realty Trust

In other news, SVP Robert E. Harris sold 1,836 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the transaction, the senior vice president now owns 1,837 shares of the company's stock, valued at approximately $41,589.68. This represents a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

Americold Realty Trust Price Performance

COLD traded down $0.32 during trading on Monday, reaching $22.49. 1,625,759 shares of the company traded hands, compared to its average volume of 2,186,126. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a fifty day simple moving average of $24.41 and a 200 day simple moving average of $26.68. Americold Realty Trust, Inc. has a 12-month low of $21.53 and a 12-month high of $30.59. The company has a market cap of $6.39 billion, a P/E ratio of -22.26, a PEG ratio of 1.80 and a beta of 0.59.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued 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). The firm had revenue of $674.17 million during the quarter, compared to the consensus estimate 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 company's revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the firm posted $0.32 earnings per share. On average, equities analysts forecast that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

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.