Moran Wealth Management LLC lowered its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD – Free Report) by 20.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,319 shares of the company’s stock after selling 17,203 shares during the quarter. Moran Wealth Management LLC’s holdings in Americold Realty Trust were worth $2,142,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Toronto Dominion Bank increased its holdings in Americold Realty Trust by 1.4% in the 1st quarter. Toronto Dominion Bank now owns 29,112 shares of the company’s stock worth $828,000 after buying an additional 402 shares during the period. B. Riley Wealth Advisors Inc. increased its holdings in Americold Realty Trust by 1.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 29,693 shares of the company’s stock worth $851,000 after buying an additional 508 shares during the period. Blair William & Co. IL increased its holdings in Americold Realty Trust by 0.5% in the 1st quarter. Blair William & Co. IL now owns 114,187 shares of the company’s stock worth $3,249,000 after buying an additional 579 shares during the period. Captrust Financial Advisors grew its stake in shares of Americold Realty Trust by 7.0% during the 4th quarter. Captrust Financial Advisors now owns 9,585 shares of the company’s stock worth $271,000 after purchasing an additional 623 shares during the period. Finally, Legacy Wealth Asset Management LLC grew its stake in shares of Americold Realty Trust by 3.8% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 17,150 shares of the company’s stock worth $554,000 after purchasing an additional 631 shares during the period. Institutional investors and hedge funds own 98.14% of the company’s stock.
Americold Realty Trust Stock Up 2.4 %
COLD stock opened at $28.04 on Tuesday. The company’s 50 day moving average price is $28.44 and its 200 day moving average price is $30.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.17 and a current ratio of 0.17. Americold Realty Trust, Inc. has a fifty-two week low of $24.31 and a fifty-two week high of $33.90. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of -70.10, a PEG ratio of 1.68 and a beta of 0.57.
Americold Realty Trust Dividend Announcement
Analyst Upgrades and Downgrades
COLD has been the topic of a number of analyst reports. Royal Bank of Canada dropped their price objective on shares of Americold Realty Trust from $38.00 to $34.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 7th. Barclays lifted their target price on shares of Americold Realty Trust from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, August 25th. Finally, Evercore ISI lowered their price target on shares of Americold Realty Trust from $37.00 to $35.00 in a research report on Monday, October 9th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.33.
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 243 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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