ATS Co. (NYSE:ATS) Shares Acquired by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of ATS Co. (NYSE:ATS - Free Report) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 466,879 shares of the company's stock after acquiring an additional 41,487 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.48% of ATS worth $14,221,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its holdings in shares of 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 in the last quarter. Northwest & Ethical Investments L.P. grew its holdings in shares of 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 in the last quarter. Deutsche Bank AG grew its holdings in shares of 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 in the last quarter. Mariner LLC grew its holdings in shares of 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 in the last quarter. Finally, abrdn plc grew its holdings in shares of ATS by 38.5% during the fourth quarter. abrdn plc now owns 13,267 shares of the company's stock worth $401,000 after buying an additional 3,685 shares in the last quarter. 75.84% of the stock is currently owned by hedge funds and other institutional investors.

ATS Trading Down 1.0%

Shares of NYSE ATS traded down $0.26 during midday trading on Friday, reaching $25.53. 85,683 shares of the stock were exchanged, compared to its average volume of 124,185. The stock has a 50 day moving average price of $25.57 and a 200-day moving average price of $27.88. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. ATS Co. has a 52-week low of $20.90 and a 52-week high of $34.32. The company has a market capitalization of $2.50 billion, a P/E ratio of 38.68 and a beta of 1.06.

Analyst Upgrades and Downgrades

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

ATS Company 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.