Americold Realty Trust, Inc. (NYSE:COLD) Holdings Increased by Captrust Financial Advisors

Captrust Financial Advisors grew its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 27.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,545 shares of the company’s stock after buying an additional 3,969 shares during the quarter. Captrust Financial Advisors’ holdings in Americold Realty Trust were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Americold Realty Trust by 9.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,412,678 shares of the company’s stock worth $39,936,000 after purchasing an additional 123,776 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Americold Realty Trust by 4.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,900,054 shares of the company’s stock worth $110,255,000 after purchasing an additional 165,667 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Americold Realty Trust in the 2nd quarter worth approximately $226,000. Foresight Group Ltd Liability Partnership raised its holdings in shares of Americold Realty Trust by 231.7% in the 3rd quarter. Foresight Group Ltd Liability Partnership now owns 73,540 shares of the company’s stock worth $2,079,000 after purchasing an additional 51,372 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Americold Realty Trust in the 3rd quarter worth approximately $8,370,000. 98.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on COLD. Scotiabank dropped their target price on shares of Americold Realty Trust from $31.00 to $27.00 and set a “sector outperform” rating on the stock in a report on Tuesday. Royal Bank of Canada dropped their target price 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. Wells Fargo & Company boosted their price target on shares of Americold Realty Trust from $24.00 to $30.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Barclays cut their price target 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. Finally, Citigroup cut their price target 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. Three investment 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, Americold Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.17.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were 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 in the company, valued at $41,589.68. This represents a 49.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is owned by insiders.

Americold Realty Trust Stock Performance

COLD stock opened at $22.76 on Thursday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of -22.53, a P/E/G ratio of 1.83 and a beta of 0.59. Americold Realty Trust, Inc. has a 12 month low of $21.53 and a 12 month high of $30.92. The firm has a 50 day moving average of $24.70 and a two-hundred day moving average of $26.74.

Americold Realty Trust (NYSE:COLD) last posted 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). The firm had revenue of $674.17 million for 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%. Americold Realty Trust’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 earnings per share. As a group, equities analysts anticipate that Americold Realty Trust, Inc. will post 1.38 EPS for the current fiscal 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.