New York State Common Retirement Fund Trims Stock Position in Americold Realty Trust (NYSE:COLD)

New York State Common Retirement Fund decreased its holdings in Americold Realty Trust (NYSE:COLD) by 9.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,930 shares of the company’s stock after selling 29,200 shares during the quarter. New York State Common Retirement Fund’s holdings in Americold Realty Trust were worth $10,544,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Private Advisor Group LLC acquired a new stake in shares of Americold Realty Trust during the 2nd quarter worth $33,000. CSat Investment Advisory L.P. increased its stake in Americold Realty Trust by 381.3% during the second quarter. CSat Investment Advisory L.P. now owns 1,107 shares of the company’s stock worth $40,000 after acquiring an additional 877 shares during the last quarter. Jacobi Capital Management LLC purchased a new position in shares of Americold Realty Trust in the 3rd quarter worth about $42,000. Nachman Norwood & Parrott Inc acquired a new position in shares of Americold Realty Trust in the 3rd quarter valued at about $47,000. Finally, IFP Advisors Inc grew its holdings in shares of Americold Realty Trust by 297.6% during the 2nd quarter. IFP Advisors Inc now owns 1,650 shares of the company’s stock worth $59,000 after purchasing an additional 1,235 shares during the period. Institutional investors own 93.78% of the company’s stock.

Shares of COLD opened at $34.40 on Friday. Americold Realty Trust has a one year low of $23.30 and a one year high of $41.29. The stock has a 50-day moving average price of $36.91 and a 200 day moving average price of $36.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.19 and a current ratio of 0.19. The company has a market capitalization of $7.05 billion, a P/E ratio of 80.00, a P/E/G ratio of 4.41 and a beta of 0.16.

Americold Realty Trust (NYSE:COLD) last announced its earnings results on Thursday, November 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.06). The business had revenue of $497.50 million during the quarter, compared to analyst estimates of $503.82 million. Americold Realty Trust had a net margin of 4.58% and a return on equity of 4.42%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 earnings per share. As a group, equities research analysts forecast that Americold Realty Trust will post 1.2 earnings per share for the current fiscal year.

COLD has been the subject of several research reports. Zacks Investment Research downgraded shares of Americold Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, November 4th. Berenberg Bank upgraded Americold Realty Trust from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Thursday, August 13th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $39.43.

About Americold Realty Trust

Americold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 183 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina.

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Institutional Ownership by Quarter for Americold Realty Trust (NYSE:COLD)

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