Massachusetts Financial Services Co. MA Lowers Stock Position in ATS Co. (NYSE:ATS)

Massachusetts Financial Services Co. MA lessened its stake in ATS Co. (NYSE:ATS) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 538,815 shares of the company’s stock after selling 17,097 shares during the period. Massachusetts Financial Services Co. MA’s holdings in ATS were worth $16,423,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ATS. Charles Schwab Investment Management Inc. grew its position in ATS by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 192,877 shares of the company’s stock worth $5,602,000 after acquiring an additional 5,703 shares in the last quarter. FMR LLC boosted its holdings in shares of ATS by 9.5% in the 3rd quarter. FMR LLC now owns 1,639,373 shares of the company’s stock worth $47,565,000 after purchasing an additional 142,671 shares in the last quarter. Jane Street Group LLC increased its position in shares of ATS by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 40,970 shares of the company’s stock valued at $1,189,000 after purchasing an additional 10,314 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of ATS by 29.0% during the 3rd quarter. National Bank of Canada FI now owns 418,651 shares of the company’s stock valued at $12,162,000 after buying an additional 94,158 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in ATS in the 3rd quarter worth approximately $722,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Stock Down 6.6 %

Shares of NYSE ATS opened at $23.56 on Monday. The stock has a market capitalization of $2.31 billion, a P/E ratio of 35.69 and a beta of 1.10. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. ATS Co. has a one year low of $23.10 and a one year high of $35.42. The firm’s 50 day simple moving average is $27.67 and its two-hundred day simple moving average is $29.08.

ATS (NYSE:ATS) last issued its earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. As a group, analysts expect that ATS Co. will post 1.02 EPS for the current fiscal year.

ATS Company 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.