Cerity Partners LLC Grows Stock Holdings in Americold Realty Trust, Inc. (NYSE:COLD)

Cerity Partners LLC grew its holdings in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 87.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,873 shares of the company’s stock after purchasing an additional 25,554 shares during the quarter. Cerity Partners LLC’s holdings in Americold Realty Trust were worth $1,551,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. lifted its position in Americold Realty Trust by 2,288.1% during the third quarter. Assetmark Inc. now owns 1,003 shares of the company’s stock worth $28,000 after buying an additional 961 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Americold Realty Trust by 189.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock worth $32,000 after acquiring an additional 735 shares during the period. Blue Trust Inc. boosted its holdings in shares of Americold Realty Trust by 2,727.4% in the 2nd 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. Signaturefd LLC grew its position in 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 acquiring an additional 740 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Americold Realty Trust during the 3rd quarter worth about $128,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Down 1.3 %

COLD opened at $23.10 on Wednesday. The stock’s 50 day moving average price is $25.33 and its 200 day moving average price is $26.85. 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 stock has a market cap of $6.57 billion, a P/E ratio of -22.87, a P/E/G ratio of 1.85 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.

Americold Realty Trust (NYSE:COLD) last issued 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 company had revenue of $674.17 million for the quarter, compared to the consensus estimate of $663.87 million. Americold Realty Trust had a negative net margin of 10.63% and a negative return on equity of 8.08%. Americold Realty Trust’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 earnings per share. As a group, research analysts predict that Americold Realty Trust, Inc. will post 1.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on COLD. Royal Bank of Canada dropped their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Truist Financial boosted their target price on shares of Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Robert W. Baird decreased their target price on Americold Realty Trust from $31.00 to $28.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. Scotiabank lifted their price target on shares of Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. Finally, Barclays decreased their target price on Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

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.