92,835 Shares in Americold Realty Trust, Inc. (NYSE:COLD) Purchased by Cinctive Capital Management LP

Cinctive Capital Management LP purchased a new stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 92,835 shares of the company’s stock, valued at approximately $2,624,000.

Other hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in shares of Americold Realty Trust by 30.8% in the 2nd quarter. Principal Financial Group Inc. now owns 15,300,802 shares of the company’s stock valued at $390,783,000 after buying an additional 3,602,337 shares during the last quarter. FMR LLC raised its position in Americold Realty Trust by 40.8% during the third quarter. FMR LLC now owns 13,261,431 shares of the company’s stock worth $374,901,000 after acquiring an additional 3,844,603 shares in the last quarter. Darlington Partners Capital Management LP lifted its stake in Americold Realty Trust by 15.1% in the second quarter. Darlington Partners Capital Management LP now owns 9,018,040 shares of the company’s stock valued at $230,321,000 after acquiring an additional 1,183,571 shares during the last quarter. PGGM Investments acquired a new stake in Americold Realty Trust in the second quarter valued at $114,436,000. Finally, Long Pond Capital LP grew its position in shares of Americold Realty Trust by 2.9% in the 2nd quarter. Long Pond Capital LP now owns 4,385,307 shares of the company’s stock valued at $112,001,000 after acquiring an additional 123,440 shares during the period. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Down 1.9 %

COLD opened at $23.40 on Tuesday. The stock has a fifty day moving average of $25.45 and a 200-day moving average of $26.87. The company has a market capitalization of $6.65 billion, a P/E ratio of -23.17, a P/E/G ratio of 1.89 and a beta of 0.61. Americold Realty Trust, Inc. has a fifty-two week low of $21.53 and a fifty-two week high of $30.92. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.15 and a current ratio of 0.15.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, November 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $674.17 million for the quarter, compared to analyst estimates of $663.87 million. During the same quarter in the previous year, the company earned $0.32 EPS. The business’s revenue for the quarter was up .9% on a year-over-year basis. On average, equities analysts expect that Americold Realty Trust, Inc. will post 1.38 EPS for the current year.

Analysts Set New Price Targets

COLD has been the subject of several recent analyst reports. Evercore ISI raised their target price on shares of Americold Realty Trust from $33.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Royal Bank of Canada cut their price objective on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th. Wells Fargo & Company boosted their target price on Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Scotiabank increased their price target on Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a research note on Monday, August 19th. Finally, Barclays reduced their price objective on shares of Americold Realty Trust from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $30.55.

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.