Capital International Investors Has $302.20 Million Holdings in ATS Co. (NYSE:ATS)

Capital International Investors increased its stake in ATS Co. (NYSE:ATSFree Report) by 18.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,011,564 shares of the company’s stock after buying an additional 1,068,310 shares during the quarter. Capital International Investors owned approximately 0.07% of ATS worth $302,200,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in shares of ATS by 55.0% in the 4th quarter. Van ECK Associates Corp now owns 764 shares of the company’s stock valued at $33,000 after buying an additional 271 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of ATS by 4,342.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 844 shares of the company’s stock valued at $36,000 after buying an additional 825 shares during the last quarter. Shell Asset Management Co. boosted its holdings in shares of ATS by 15.4% in the 3rd quarter. Shell Asset Management Co. now owns 6,731 shares of the company’s stock valued at $288,000 after buying an additional 900 shares during the last quarter. Aigen Investment Management LP acquired a new stake in ATS during the 4th quarter valued at $315,000. Finally, Citigroup Inc. lifted its holdings in ATS by 5.4% during the 3rd quarter. Citigroup Inc. now owns 8,193 shares of the company’s stock valued at $351,000 after purchasing an additional 420 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Stock Up 0.7 %

ATS opened at $32.51 on Thursday. ATS Co. has a fifty-two week low of $29.78 and a fifty-two week high of $48.89. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.42 and a current ratio of 1.70. The company has a market capitalization of $3.19 billion and a P/E ratio of 22.27. The stock has a fifty day moving average of $32.46 and a 200-day moving average of $37.51.

ATS (NYSE:ATSGet Free Report) last posted its earnings results on Thursday, May 16th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. ATS had a return on equity of 15.97% and a net margin of 6.39%. The company had revenue of $587.12 million during the quarter, compared to the consensus estimate of $534.08 million. On average, equities analysts expect that ATS Co. will post 1.75 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ATS. The Goldman Sachs Group began coverage on ATS in a report on Tuesday, March 26th. They set a “sell” rating and a $34.00 price target for the company. JPMorgan Chase & Co. cut their price target on ATS from $43.00 to $38.00 and set a “neutral” rating for the company in a report on Friday, May 24th. Finally, Scotiabank raised ATS to a “hold” rating in a report on Friday, May 17th. One equities research 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 data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $45.67.

View Our Latest Research Report on ATS

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.

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Institutional Ownership by Quarter for ATS (NYSE:ATS)

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