XTX Topco Ltd grew its holdings in Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 269.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,449 shares of the company's stock after buying an additional 30,958 shares during the quarter. XTX Topco Ltd's holdings in Americold Realty Trust were worth $1,200,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in COLD. Assetmark Inc. grew its stake in shares of Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company's stock valued at $28,000 after purchasing an additional 961 shares during the last quarter. GAMMA Investing LLC grew its stake 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 valued at $32,000 after purchasing an additional 735 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of Americold Realty Trust during the third quarter valued at approximately $55,000. Blue Trust Inc. grew its stake in shares of Americold Realty Trust by 2,727.4% during the second quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock valued at $75,000 after purchasing an additional 2,891 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Americold Realty Trust by 22.7% during the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after purchasing an additional 740 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Americold Realty Trust
In related 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 transaction, the senior vice president now owns 1,837 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by insiders.
Analyst Ratings Changes
Several analysts have recently commented on the stock. Scotiabank decreased 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. Royal Bank of Canada cut their price objective on shares of Americold Realty Trust from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, November 13th. Barclays cut their price objective on shares of 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. Citigroup cut their price objective on shares of Americold Realty Trust from $30.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday, December 4th. Finally, Evercore ISI increased their price objective on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a report on Wednesday, August 28th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $29.50.
View Our Latest Stock Analysis on Americold Realty Trust
Americold Realty Trust Trading Down 3.2 %
COLD traded down $0.76 during mid-day trading on Tuesday, hitting $22.65. The stock had a trading volume of 2,328,618 shares, compared to its average volume of 2,188,597. The stock's fifty day simple moving average is $24.79 and its 200-day simple moving average is $26.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.15 and a quick ratio of 0.15. The firm has a market capitalization of $6.44 billion, a price-to-earnings ratio of -22.43, a price-to-earnings-growth ratio of 1.83 and a beta of 0.59. Americold Realty Trust, Inc. has a 1-year low of $21.53 and a 1-year high of $30.92.
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 company had revenue of $674.17 million for the quarter, compared to the consensus estimate of $663.87 million. During the same period in the prior year, the company earned $0.32 EPS. The firm's revenue was up .9% on a year-over-year basis. As a group, research analysts forecast that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal year.
About Americold Realty Trust
(
Free Report)
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.
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