Americold Realty Trust Sees Unusually High Options Volume (NYSE:COLD)

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

Americold Realty Trust Stock Up 1.9%

Shares of NYSE COLD opened at $12.73 on Friday. The firm has a 50-day simple moving average of $12.12 and a two-hundred day simple moving average of $14.23. Americold Realty Trust has a 1 year low of $10.10 and a 1 year high of $23.52. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market cap of $3.63 billion, a P/E ratio of -57.86, a PEG ratio of 4.00 and a beta of 0.96.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data 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 return on equity of 1.96% and a negative net margin of 2.39%.The company had revenue of $663.67 million for the quarter, compared to analyst estimates of $659.51 million. During the same quarter last year, the firm posted $0.35 EPS. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. Americold Realty Trust has set its FY 2025 guidance at 1.390-1.450 EPS. Research analysts anticipate that Americold Realty Trust will post 1.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Zacks Research upgraded shares of Americold Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Wall Street Zen cut Americold Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. JPMorgan Chase & Co. decreased their target price on Americold Realty Trust from $15.00 to $12.00 and set an “underweight” rating on the stock in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a report on Monday, December 8th. Finally, Citigroup decreased their price objective on Americold Realty Trust from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $14.42.

Institutional Trading of Americold Realty Trust

A number of hedge funds have recently bought and sold shares of COLD. Cetera Investment Advisers grew its position in shares of Americold Realty Trust by 39.4% in the first quarter. Cetera Investment Advisers now owns 23,066 shares of the company’s stock valued at $495,000 after purchasing an additional 6,518 shares in the last quarter. LPL Financial LLC boosted its stake in Americold Realty Trust by 7.4% during the first quarter. LPL Financial LLC now owns 61,564 shares of the company’s stock worth $1,321,000 after buying an additional 4,264 shares during the last quarter. Entropy Technologies LP purchased a new stake in Americold Realty Trust in the 1st quarter valued at $494,000. Nuveen LLC acquired a new stake in shares of Americold Realty Trust in the 1st quarter worth $33,751,000. Finally, Resona Asset Management Co. Ltd. boosted its position in shares of Americold Realty Trust by 8.7% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 113,586 shares of the company’s stock valued at $2,481,000 after acquiring an additional 9,127 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

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.