NFJ Investment Group LLC acquired a new stake in shares of Americold Realty Trust, Inc. (NYSE:COLD – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 258,925 shares of the company’s stock, valued at approximately $7,320,000.
Several other institutional investors and hedge funds have also bought and sold shares of COLD. Assetmark Inc. lifted its position in shares of Americold Realty Trust by 2,288.1% during the 3rd 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 increased its holdings in Americold Realty Trust by 189.9% in 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 last quarter. Loomis Sayles & Co. L P bought a new stake in Americold Realty Trust in the 3rd quarter valued at about $55,000. Blue Trust Inc. lifted its holdings in Americold Realty Trust by 2,727.4% during the second 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. Finally, Signaturefd LLC boosted 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 worth $102,000 after purchasing an additional 740 shares during the period. 98.14% of the stock is owned by institutional investors.
Americold Realty Trust Price Performance
Americold Realty Trust stock opened at $23.10 on Wednesday. The business has a 50-day simple moving average of $25.33 and a 200 day simple moving average of $26.85. Americold Realty Trust, Inc. has a 52 week low of $21.53 and a 52 week high of $30.92. The stock has a market cap of $6.57 billion, a price-to-earnings ratio of -22.87, a PEG ratio of 1.85 and a beta of 0.59. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.11.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on COLD. Scotiabank boosted 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 research report on Monday, August 19th. Barclays lowered their target price 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. Evercore ISI raised their price target on Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Royal Bank of Canada reduced their price target 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. Finally, Truist Financial increased their price objective on Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Americold Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $30.55.
Check Out Our Latest Research Report on Americold Realty Trust
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.
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