Americold Realty Trust, Inc. (NYSE:COLD) Shares Purchased by Credit Suisse AG

Credit Suisse AG grew its stake in shares of Americold Realty Trust, Inc. (NYSE:COLD) by 13.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 415,068 shares of the company’s stock after acquiring an additional 49,672 shares during the quarter. Credit Suisse AG owned about 0.15% of Americold Realty Trust worth $11,809,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Americold Realty Trust by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 37,799,071 shares of the company’s stock worth $1,053,839,000 after buying an additional 365,487 shares during the last quarter. Norges Bank purchased a new position in Americold Realty Trust during the 4th quarter worth approximately $441,452,000. State Street Corp raised its position in Americold Realty Trust by 17.1% during the 1st quarter. State Street Corp now owns 11,546,934 shares of the company’s stock worth $324,412,000 after buying an additional 1,685,692 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of Americold Realty Trust by 30.4% during the 1st quarter. Capital Research Global Investors now owns 8,724,508 shares of the company’s stock valued at $243,239,000 after purchasing an additional 2,034,178 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Americold Realty Trust by 2.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 8,385,658 shares of the company’s stock valued at $238,572,000 after purchasing an additional 165,425 shares in the last quarter. 95.62% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Price Performance

Americold Realty Trust stock opened at $32.82 on Friday. The company’s fifty day moving average price is $32.19 and its 200 day moving average price is $30.37. Americold Realty Trust, Inc. has a 1 year low of $21.49 and a 1 year high of $33.71. The stock has a market capitalization of $8.87 billion, a P/E ratio of -78.14, a P/E/G ratio of 2.63 and a beta of 0.53. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.18 and a current ratio of 0.18.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on COLD. Barclays lifted their target price on shares of Americold Realty Trust from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday. Evercore ISI lifted their target price on shares of Americold Realty Trust from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, August 7th. Finally, Royal Bank of Canada raised shares of Americold Realty Trust from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $33.00 to $36.00 in a report on Monday, May 8th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.79.

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 242 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.