Scotia Capital Inc. cut its stake in ATS Co. (NYSE:ATS - Free Report) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191,803 shares of the company's stock after selling 33,103 shares during the period. Scotia Capital Inc. owned approximately 0.20% of ATS worth $5,683,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in ATS. Charles Schwab Investment Management Inc. raised its stake in shares of ATS by 3.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 192,877 shares of the company's stock worth $5,602,000 after buying an additional 5,703 shares in the last quarter. Jane Street Group LLC raised its position in ATS by 33.6% in the third quarter. Jane Street Group LLC now owns 40,970 shares of the company's stock worth $1,189,000 after acquiring an additional 10,314 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in ATS in the 3rd quarter valued at about $722,000. Barclays PLC bought a new position in shares of ATS during the 3rd quarter valued at about $510,000. Finally, Geode Capital Management LLC grew its stake in shares of ATS by 5.2% in the 3rd quarter. Geode Capital Management LLC now owns 38,987 shares of the company's stock worth $1,136,000 after purchasing an additional 1,920 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.
ATS Price Performance
ATS stock traded up $0.37 on Thursday, hitting $24.48. 26,789 shares of the company's stock traded hands, compared to its average volume of 129,108. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 37.00 and a beta of 1.10. ATS Co. has a 1-year low of $20.90 and a 1-year high of $35.42. The stock has a fifty day moving average of $26.86 and a 200-day moving average of $28.69.
ATS (NYSE:ATS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. On average, analysts forecast that ATS Co. will post 1.02 EPS for the current fiscal year.
About ATS
(
Free Report)
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.
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