Zurcher Kantonalbank Zurich Cantonalbank Has $812,000 Stock Holdings in ATS Co. (NYSE:ATS)

Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in ATS Co. (NYSE:ATS) by 14.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,743 shares of the company’s stock after acquiring an additional 2,307 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in ATS were worth $812,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ATS. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of ATS by 1.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 983,695 shares of the company’s stock valued at $42,605,000 after acquiring an additional 16,115 shares during the last quarter. Vanguard Group Inc. raised its position in ATS by 8.8% in the third quarter. Vanguard Group Inc. now owns 2,852,701 shares of the company’s stock valued at $121,582,000 after purchasing an additional 229,765 shares during the last quarter. Citigroup Inc. boosted its stake in shares of ATS by 5.4% during the third quarter. Citigroup Inc. now owns 8,193 shares of the company’s stock valued at $351,000 after purchasing an additional 420 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in shares of ATS by 1.8% during the third quarter. Public Sector Pension Investment Board now owns 173,047 shares of the company’s stock valued at $7,411,000 after purchasing an additional 3,046 shares in the last quarter. Finally, Scotia Capital Inc. grew its holdings in shares of ATS by 8.5% during the third quarter. Scotia Capital Inc. now owns 193,721 shares of the company’s stock worth $8,237,000 after purchasing an additional 15,152 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

Analyst Ratings Changes

Separately, The Goldman Sachs Group started coverage on shares of ATS in a report on Tuesday, March 26th. They issued a “sell” rating and a $34.00 price objective for the company.

ATS Stock Performance

NYSE ATS opened at $32.81 on Tuesday. The company has a market capitalization of $3.25 billion and a price-to-earnings ratio of 24.49. The company has a quick ratio of 1.41, a current ratio of 1.70 and a debt-to-equity ratio of 0.81. ATS Co. has a twelve month low of $29.78 and a twelve month high of $48.89. The stock has a fifty day simple moving average of $34.85 and a 200 day simple moving average of $38.16.

ATS (NYSE:ATS) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.02). The company had revenue of $552.45 million during the quarter, compared to the consensus estimate of $536.95 million. ATS had a net margin of 5.89% and a return on equity of 17.56%. Sell-side analysts expect that ATS Co. will post 1.82 EPS for the current 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.