MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduces Stake in ATS Co. (NYSE:ATS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lowered its holdings in ATS Co. (NYSE:ATS - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,173,152 shares of the company's stock after selling 13,389 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 1.20% of ATS worth $35,761,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of ATS. Barclays PLC bought a new position in shares of ATS in the 3rd quarter worth $510,000. Principal Financial Group Inc. grew its stake in ATS by 3.4% in the third quarter. Principal Financial Group Inc. now owns 661,040 shares of the company's stock valued at $19,201,000 after purchasing an additional 21,500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in ATS by 94.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock worth $54,000 after purchasing an additional 860 shares in the last quarter. Procyon Advisors LLC bought a new position in ATS in the fourth quarter worth about $293,000. Finally, Canoe Financial LP lifted its position in shares of ATS by 3.0% during the fourth quarter. Canoe Financial LP now owns 641,989 shares of the company's stock valued at $19,566,000 after buying an additional 18,480 shares during the last quarter. Hedge funds and other institutional investors own 75.84% of the company's stock.

ATS Stock Down 0.6%

ATS stock traded down $0.18 on Monday, hitting $27.66. 7,014 shares of the company's stock were exchanged, compared to its average volume of 131,193. The firm has a 50 day moving average price of $25.58 and a two-hundred day moving average price of $27.97. ATS Co. has a 12-month low of $20.90 and a 12-month high of $34.75. The stock has a market cap of $2.71 billion, a P/E ratio of 41.91 and a beta of 1.06. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92.

Analyst Upgrades and Downgrades

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

About ATS

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.