Diversify Advisory Services LLC acquired a new position in shares of Americold Realty Trust Inc. (NYSE:COLD – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 62,711 shares of the company’s stock, valued at approximately $917,000.
A number of other institutional investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its stake in Americold Realty Trust by 42.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $45,025,000 after acquiring an additional 626,160 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Americold Realty Trust during the first quarter worth approximately $240,000. Jane Street Group LLC lifted its holdings in shares of Americold Realty Trust by 8.7% during the first quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock worth $1,531,000 after purchasing an additional 5,693 shares during the period. Quantbot Technologies LP purchased a new position in Americold Realty Trust in the 2nd quarter valued at $86,000. Finally, EverSource Wealth Advisors LLC increased its stake in Americold Realty Trust by 252.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after buying an additional 1,593 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.
Americold Realty Trust Price Performance
Shares of NYSE COLD opened at $15.05 on Thursday. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of -9.47 and a beta of 0.97. Americold Realty Trust Inc. has a 52 week low of $10.10 and a 52 week high of $16.88. The company’s 50-day moving average price is $14.99 and its 200 day moving average price is $13.66. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Barclays raised their price target on Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. UBS Group increased their price objective on Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. KeyCorp restated an “overweight” rating on shares of Americold Realty Trust in a research report on Monday, August 10th. Finally, Wells Fargo & Company increased their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $15.63.
View Our Latest Analysis on Americold Realty Trust
About Americold Realty Trust
Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.
With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.
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