Americold Realty Trust, Inc. (NYSE:COLD) Shares Sold by Anson Funds Management LP

Anson Funds Management LP lowered its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 72.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,917 shares of the company’s stock after selling 98,083 shares during the quarter. Anson Funds Management LP’s holdings in Americold Realty Trust were worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in COLD. XTX Topco Ltd lifted its stake in Americold Realty Trust by 269.4% during the third quarter. XTX Topco Ltd now owns 42,449 shares of the company’s stock worth $1,200,000 after purchasing an additional 30,958 shares during the last quarter. Quadrature Capital Ltd bought a new position in Americold Realty Trust during the third quarter worth $644,000. Point72 DIFC Ltd lifted its stake in Americold Realty Trust by 405.7% during the third quarter. Point72 DIFC Ltd now owns 7,226 shares of the company’s stock worth $204,000 after purchasing an additional 5,797 shares during the last quarter. NFJ Investment Group LLC bought a new position in Americold Realty Trust during the third quarter worth $7,320,000. Finally, HighTower Advisors LLC lifted its stake in Americold Realty Trust by 102.5% during the third quarter. HighTower Advisors LLC now owns 19,469 shares of the company’s stock worth $549,000 after purchasing an additional 9,853 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on COLD shares. Evercore ISI raised their price objective on Americold Realty Trust from $33.00 to $34.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Royal Bank of Canada cut their target price on Americold Realty Trust from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Truist Financial cut their target price on Americold Realty Trust from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday. Wells Fargo & Company raised their target price on Americold Realty Trust from $24.00 to $30.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 28th. Finally, Scotiabank raised their target price 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. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.83.

Insider Buying and Selling

In related news, SVP Robert E. Harris sold 1,836 shares of Americold Realty Trust stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $22.64, for a total transaction of $41,567.04. Following the transaction, the senior vice president now directly owns 1,837 shares of the company’s stock, valued at $41,589.68. The trade was a 49.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by corporate insiders.

Americold Realty Trust Price Performance

Shares of NYSE COLD opened at $23.13 on Friday. Americold Realty Trust, Inc. has a fifty-two week low of $21.53 and a fifty-two week high of $30.92. The firm’s 50-day simple moving average is $24.99 and its 200 day simple moving average is $26.79. 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 stock has a market cap of $6.57 billion, a P/E ratio of -22.90, a P/E/G ratio of 1.81 and a beta of 0.59.

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. Equities analysts expect that Americold Realty Trust, Inc. will post 1.38 EPS for the current 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.