ATS Co. (NYSE:ATS) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its stake in ATS Co. (NYSE:ATSFree Report) by 1.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 362,758 shares of the company’s stock after buying an additional 3,661 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.37% of ATS worth $10,537,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Dixon Mitchell Investment Counsel Inc. lifted its stake in ATS by 41.0% in the third quarter. Dixon Mitchell Investment Counsel Inc. now owns 336,525 shares of the company’s stock worth $9,775,000 after acquiring an additional 97,900 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of ATS by 135.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,240,430 shares of the company’s stock worth $104,707,000 after purchasing an additional 1,862,912 shares during the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of ATS by 153.8% during the second quarter. Cubist Systematic Strategies LLC now owns 22,949 shares of the company’s stock worth $742,000 after purchasing an additional 13,907 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in ATS by 21.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 245,111 shares of the company’s stock valued at $7,933,000 after buying an additional 42,886 shares during the last quarter. Finally, Front Street Capital Management Inc. raised its stake in ATS by 73.4% in the second quarter. Front Street Capital Management Inc. now owns 136,750 shares of the company’s stock valued at $4,418,000 after buying an additional 57,875 shares in the last quarter. 75.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ATS shares. The Goldman Sachs Group dropped their price objective on ATS from $34.00 to $30.00 and set a “sell” rating on the stock in a report on Tuesday, August 13th. JPMorgan Chase & Co. dropped their price target on shares of ATS from $36.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $42.00.

Check Out Our Latest Stock Analysis on ATS

ATS Stock Performance

Shares of ATS stock opened at $30.44 on Friday. ATS Co. has a 1 year low of $24.82 and a 1 year high of $44.70. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.51 and a current ratio of 1.79. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 20.85 and a beta of 1.17. The stock’s 50-day moving average is $28.37 and its two-hundred day moving average is $30.42.

ATS (NYSE:ATSGet Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The firm had revenue of $507.43 million for the quarter, compared to analyst estimates of $502.41 million. ATS had a return on equity of 14.63% and a net margin of 6.11%. Analysts predict that ATS Co. will post 1.45 earnings per share for the current year.

ATS Company Profile

(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.

Read More

Institutional Ownership by Quarter for ATS (NYSE:ATS)

Receive News & Ratings for ATS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATS and related companies with MarketBeat.com's FREE daily email newsletter.