Investors Buy Large Volume of Call Options on Americold Realty Trust (NYSE:COLD)

Americold Realty Trust Inc. (NYSE:COLD) was the recipient of some unusual options trading activity on Friday. Stock traders bought 2,190 call options on the stock. This is an increase of 137% compared to the typical daily volume of 923 call options.

Americold Realty Trust Price Performance

Shares of NYSE:COLD opened at $12.73 on Friday. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of -57.86, a P/E/G ratio of 3.92 and a beta of 0.96. The firm has a fifty day moving average price of $12.12 and a 200 day moving average price of $14.24. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $23.52. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.11 and a current ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, November 6th. The company reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. Americold Realty Trust had a negative net margin of 2.39% and a negative return on equity of 1.96%. The firm had revenue of $663.67 million during the quarter, compared to analyst estimates of $659.51 million. During the same period last year, the firm posted $0.35 earnings per share. Americold Realty Trust’s revenue for the quarter was down 1.6% compared to the same quarter last year. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. As a group, sell-side analysts expect that Americold Realty Trust will post 1.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

COLD has been the topic of several analyst reports. Royal Bank Of Canada cut Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a report on Friday, November 7th. Citigroup reduced their price objective on shares of Americold Realty Trust from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. UBS Group lowered their target price on shares of Americold Realty Trust from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Scotiabank cut their price target on shares of Americold Realty Trust from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Wednesday, November 12th. Finally, KeyCorp decreased their price target on Americold Realty Trust from $23.00 to $18.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $14.42.

Hedge Funds Weigh In On Americold Realty Trust

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its position in Americold Realty Trust by 49,833.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 1,498 shares of the company’s stock valued at $25,000 after buying an additional 1,495 shares during the last quarter. LRI Investments LLC lifted its stake in Americold Realty Trust by 90.4% during the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after acquiring an additional 1,026 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after acquiring an additional 806 shares during the last quarter. Avalon Trust Co acquired a new stake in shares of Americold Realty Trust in the third quarter worth $32,000. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of Americold Realty Trust during the first quarter worth $36,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Company Profile

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.