ATS Co. (NYSE:ATS) Stock Holdings Lowered by FIL Ltd

FIL Ltd lowered its position in shares of ATS Co. (NYSE:ATS) by 74.4% in the 4th quarter, Holdings Channel reports. The fund owned 1,865,064 shares of the company’s stock after selling 5,430,425 shares during the period. FIL Ltd’s holdings in ATS were worth $56,882,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Bank of Montreal Can grew its position in shares of ATS by 3.0% during the fourth quarter. Bank of Montreal Can now owns 962,411 shares of the company’s stock worth $29,314,000 after acquiring an additional 28,465 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of ATS by 572.0% during the fourth quarter. Russell Investments Group Ltd. now owns 65,458 shares of the company’s stock worth $1,995,000 after acquiring an additional 55,717 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of ATS by 10.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 109,921 shares of the company’s stock worth $3,350,000 after acquiring an additional 10,632 shares during the last quarter. Geode Capital Management LLC grew its position in shares of ATS by 5.3% during the fourth quarter. Geode Capital Management LLC now owns 41,054 shares of the company’s stock worth $1,265,000 after acquiring an additional 2,067 shares during the last quarter. Finally, National Bank of Canada FI grew its position in shares of ATS by 17.9% during the fourth quarter. National Bank of Canada FI now owns 493,601 shares of the company’s stock worth $15,068,000 after acquiring an additional 74,950 shares during the last quarter. Institutional investors own 75.84% of the company’s stock.

ATS Stock Performance

ATS stock opened at $24.65 on Thursday. The company has a market capitalization of $2.41 billion, a P/E ratio of 37.35 and a beta of 1.10. The company has a 50-day simple moving average of $27.20 and a 200 day simple moving average of $28.87. ATS Co. has a fifty-two week low of $20.90 and a fifty-two week high of $35.42. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97.

ATS (NYSE:ATS) last posted 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 net margin of 3.27% and a return on equity of 9.95%. Sell-side analysts predict that ATS Co. will post 1.02 earnings per share 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.