Y Intercept Hong Kong Ltd Reduces Stock Position in Americold Realty Trust, Inc. (NYSE:COLD)

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD - Free Report) by 60.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,815 shares of the company's stock after selling 40,145 shares during the period. Y Intercept Hong Kong Ltd's holdings in Americold Realty Trust were worth $730,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Assetmark Inc. boosted its position 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 buying an additional 961 shares during the last quarter. GAMMA Investing LLC lifted its stake in Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock valued at $32,000 after acquiring an additional 735 shares during the period. Loomis Sayles & Co. L P purchased a new stake in Americold Realty Trust in the third quarter worth approximately $55,000. Blue Trust Inc. grew its position in Americold Realty Trust by 2,727.4% in the 2nd quarter. Blue Trust Inc. now owns 2,997 shares of the company's stock worth $75,000 after purchasing an additional 2,891 shares during the period. Finally, Signaturefd LLC raised its stake in Americold Realty Trust by 22.7% during the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $102,000 after buying an additional 740 shares during the last quarter. Institutional investors own 98.14% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Barclays dropped their price target 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. Raymond James cut their price target on Americold Realty Trust from $31.00 to $27.00 and set an "outperform" rating for the company in a research note on Wednesday. Evercore ISI upped their price target on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an "outperform" rating in a research report on Wednesday, August 28th. Royal Bank of Canada dropped 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. Finally, Truist Financial reduced their target price on shares of Americold Realty Trust from $33.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, December 5th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, Americold Realty Trust has a consensus rating of "Moderate Buy" and a consensus target price of $29.17.

Insider Transactions at Americold Realty Trust

In related news, SVP Robert E. Harris sold 1,836 shares of the 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 completion of the transaction, the senior vice president now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.17% of the company's stock.

Americold Realty Trust Price Performance

Americold Realty Trust stock traded up $0.31 during mid-day trading on Friday, hitting $22.80. The stock had a trading volume of 2,802,296 shares, compared to its average volume of 2,188,452. Americold Realty Trust, Inc. has a one year low of $21.53 and a one year high of $30.92. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $6.48 billion, a P/E ratio of -22.57, a P/E/G ratio of 1.80 and a beta of 0.59. The firm's 50 day moving average is $24.51 and its 200 day moving average is $26.70.

Americold Realty Trust (NYSE:COLD - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.35). The business 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 business's revenue was up .9% on a year-over-year basis. During the same period last year, the company earned $0.32 EPS. On average, sell-side analysts forecast that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current fiscal year.

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.