Royce & Associates LP Acquires 13,000 Shares of ATS Co. (NYSE:ATS)

Royce & Associates LP grew its stake in shares of ATS Co. (NYSE:ATS) by 20.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 75,500 shares of the company’s stock after buying an additional 13,000 shares during the period. Royce & Associates LP’s holdings in ATS were worth $2,303,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ATS. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of ATS by 333.3% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company’s stock worth $50,905,000 after acquiring an additional 1,285,598 shares in the last quarter. FMR LLC grew its stake in shares of ATS by 9.5% in the third 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 during the last quarter. Alberta Investment Management Corp grew its position in shares of ATS by 15.9% in the 4th quarter. Alberta Investment Management Corp now owns 1,086,700 shares of the company’s stock worth $33,125,000 after buying an additional 148,700 shares during the last quarter. Galibier Capital Management Ltd. increased its position in ATS by 440.2% during the 4th quarter. Galibier Capital Management Ltd. now owns 717,571 shares of the company’s stock valued at $21,873,000 after purchasing an additional 584,741 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of ATS by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 668,140 shares of the company’s stock valued at $20,367,000 after buying an additional 7,100 shares during the period. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Trading Down 1.2 %

ATS opened at $27.94 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. The stock has a market cap of $2.74 billion, a PE ratio of 42.34 and a beta of 0.98. The business has a 50 day moving average of $27.89 and a 200-day moving average of $29.03. ATS Co. has a 52 week low of $24.82 and a 52 week high of $37.54.

ATS (NYSE:ATS) last issued its quarterly 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 return on equity of 9.95% and a net margin of 3.27%. Equities research analysts predict that ATS Co. will post 1.02 earnings per share 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.