TD Waterhouse Canada Inc. Buys 710,923 Shares of ATS Co. (NYSE:ATS)

TD Waterhouse Canada Inc. grew its holdings in shares of ATS Co. (NYSE:ATS - Free Report) by 76.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,635,224 shares of the company's stock after acquiring an additional 710,923 shares during the quarter. TD Waterhouse Canada Inc. owned about 1.67% of ATS worth $48,408,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Bank of Nova Scotia Trust Co. raised its stake in ATS by 41.0% in the fourth quarter. Bank of Nova Scotia Trust Co. now owns 15,341 shares of the company's stock valued at $468,000 after purchasing an additional 4,458 shares in the last quarter. Capital World Investors raised its position in shares of ATS by 11.0% during the 4th quarter. Capital World Investors now owns 3,449,762 shares of the company's stock valued at $105,212,000 after buying an additional 341,904 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of ATS by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 37,463 shares of the company's stock worth $1,142,000 after acquiring an additional 479 shares during the last quarter. Front Street Capital Management Inc. grew its position in ATS by 20.7% in the fourth quarter. Front Street Capital Management Inc. now owns 280,830 shares of the company's stock worth $8,560,000 after acquiring an additional 48,245 shares in the last quarter. Finally, Mariner LLC increased its stake in ATS by 8.0% in 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. Institutional investors own 75.84% of the company's stock.

ATS Price Performance

Shares of ATS traded up $0.24 during midday trading on Friday, reaching $25.28. The stock had a trading volume of 50,233 shares, compared to its average volume of 126,830. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 38.30 and a beta of 1.10. 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 12-month low of $20.90 and a 12-month high of $35.42. The company's 50-day moving average is $26.19 and its 200 day moving average is $28.45.

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