Toronto Dominion Bank Raises Position in ATS Co. (NYSE:ATS)

Toronto Dominion Bank lifted its stake in shares of ATS Co. (NYSE:ATS - Free Report) by 167.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 262,860 shares of the company's stock after buying an additional 164,579 shares during the period. Toronto Dominion Bank owned about 0.27% of ATS worth $8,008,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC boosted its position in ATS by 561.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company's stock valued at $66,000 after acquiring an additional 1,843 shares during the last quarter. Northwest & Ethical Investments L.P. boosted its position in ATS by 7.9% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock valued at $199,000 after acquiring an additional 478 shares during the last quarter. Deutsche Bank AG boosted its position in ATS by 41.6% during the fourth quarter. Deutsche Bank AG now owns 7,320 shares of the company's stock valued at $223,000 after acquiring an additional 2,149 shares during the last quarter. Mariner LLC boosted its position in ATS by 8.0% during the fourth quarter. Mariner LLC now owns 9,328 shares of the company's stock valued at $284,000 after acquiring an additional 689 shares during the last quarter. Finally, abrdn plc boosted its position in ATS by 38.5% during the fourth quarter. abrdn plc now owns 13,267 shares of the company's stock valued at $401,000 after acquiring an additional 3,685 shares during the last quarter. 75.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

ATS Stock Up 22.2%

Shares of ATS stock traded up $5.67 on Tuesday, reaching $31.22. 311,645 shares of the company were exchanged, compared to its average volume of 125,132. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 47.10 and a beta of 1.06. The company has a 50-day moving average of $25.51 and a 200-day moving average of $27.83. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. ATS Co. has a one year low of $20.90 and a one year high of $34.32.

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.