Van Lanschot Kempen Investment Management N.V. Has $2.72 Million Stock Holdings in Americold Realty Trust Inc. $COLD

Key Points

• Van Lanschot Kempen Investment Management N.V. has reduced its stake in Americold Realty Trust Inc. by 80.6%, selling 525,841 shares in the first quarter, leaving it with 126,642 shares valued at $2,718,000.
• Major institutional investors, including Entropy Technologies LP and Vision Capital Corp, have increased their stakes in Americold Realty Trust during the same period, reflecting ongoing interest in the company.
• Americold Realty Trust recently reported its earnings with a quarterly EPS of $0.36, surpassing expectations, but experienced a 1.5% decline in revenue year-over-year.

Van Lanschot Kempen Investment Management N.V. lowered its holdings in shares of Americold Realty Trust Inc. (NYSE:COLD - Free Report) by 80.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 126,642 shares of the company's stock after selling 525,841 shares during the period. Van Lanschot Kempen Investment Management N.V.'s holdings in Americold Realty Trust were worth $2,718,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Massachusetts Financial Services Co. MA boosted its holdings in shares of Americold Realty Trust by 649.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,158,779 shares of the company's stock worth $89,247,000 after acquiring an additional 3,603,716 shares during the period. Alyeska Investment Group L.P. boosted its stake in shares of Americold Realty Trust by 115.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 6,387,738 shares of the company's stock valued at $136,698,000 after buying an additional 3,427,083 shares during the period. Nuveen LLC acquired a new stake in shares of Americold Realty Trust during the 1st quarter worth approximately $33,751,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Americold Realty Trust in the 1st quarter valued at $33,013,000. Finally, Private Management Group Inc. acquired a new position in Americold Realty Trust during the first quarter worth about $27,860,000. Institutional investors own 98.14% of the company's stock.

Americold Realty Trust Trading Up 1.4%

Americold Realty Trust stock traded up $0.2050 during trading hours on Monday, reaching $15.1650. 1,610,714 shares of the company's stock were exchanged, compared to its average volume of 2,934,554. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.13. The firm's 50 day simple moving average is $16.09 and its 200 day simple moving average is $18.48. Americold Realty Trust Inc. has a twelve month low of $14.23 and a twelve month high of $29.79. The firm has a market capitalization of $4.32 billion, a PE ratio of -79.82, a PEG ratio of 4.63 and a beta of 0.81.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. Americold Realty Trust had a negative return on equity of 1.68% and a negative net margin of 2.09%.The firm had revenue of $650.75 million during the quarter, compared to the consensus estimate of $644.95 million. During the same period last year, the business posted $0.38 EPS. The business's revenue was down 1.5% compared to the same quarter last year. Research analysts predict that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company dropped their price target on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a research note on Monday, May 19th. BNP Paribas Exane cut Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 price target for the company. in a research note on Thursday, June 12th. KeyCorp dropped their price target on Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating for the company in a research note on Tuesday, July 1st. Truist Financial dropped their price target on Americold Realty Trust from $24.00 to $20.00 and set a "buy" rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. downgraded shares of Americold Realty Trust from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $24.00 to $21.00 in a research note on Monday, June 23rd. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.83.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.