ATS Co. (NYSE:ATS) Stock Position Lifted by Fairfax Financial Holdings Ltd. Can

Fairfax Financial Holdings Ltd. Can lifted its stake in shares of ATS Co. (NYSE:ATS - Free Report) by 4,285.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,486,400 shares of the company's stock after acquiring an additional 2,429,700 shares during the period. ATS accounts for about 4.7% of Fairfax Financial Holdings Ltd. Can's portfolio, making the stock its 7th largest position. Fairfax Financial Holdings Ltd. Can owned approximately 2.54% of ATS worth $73,871,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in ATS by 94.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock worth $54,000 after buying an additional 860 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in ATS by 561.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company's stock worth $66,000 after buying an additional 1,843 shares during the last quarter. Northwest & Ethical Investments L.P. raised its holdings in ATS by 7.9% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock worth $199,000 after buying an additional 478 shares during the last quarter. Deutsche Bank AG raised its holdings in ATS by 41.6% during the fourth quarter. Deutsche Bank AG now owns 7,320 shares of the company's stock worth $223,000 after buying an additional 2,149 shares during the last quarter. Finally, Mariner LLC raised its holdings in ATS by 8.0% during the fourth quarter. Mariner LLC now owns 9,328 shares of the company's stock worth $284,000 after buying an additional 689 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.

Analyst Ratings Changes

Separately, Scotiabank upgraded shares of ATS to a "hold" rating in a research note on Tuesday, April 29th.

ATS Stock Performance

Shares of ATS traded up $0.54 during trading hours on Friday, hitting $25.75. The company's stock had a trading volume of 112,689 shares, compared to its average volume of 126,970. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 39.02 and a beta of 1.06. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. The business has a 50 day simple moving average of $25.49 and a two-hundred day simple moving average of $28.06. ATS Co. has a 52-week low of $20.90 and a 52-week high of $35.42.

ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. On average, equities analysts expect that ATS Co. will post 1.02 earnings per share for the current fiscal year.

ATS Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.