Capital International Sarl Buys 43,336 Shares of ATS Co. (NYSE:ATS)

Capital International Sarl raised its holdings in ATS Co. (NYSE:ATS) by 40.7% in the first quarter, HoldingsChannel.com reports. The firm owned 149,785 shares of the company’s stock after purchasing an additional 43,336 shares during the quarter. Capital International Sarl’s holdings in ATS were worth $5,044,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in 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 purchasing an additional 271 shares during the period. Bessemer Group Inc. boosted its holdings in ATS by 37.7% in the 1st quarter. Bessemer Group Inc. now owns 4,164 shares of the company’s stock valued at $140,000 after purchasing an additional 1,140 shares during the period. Steph & Co. lifted its holdings in shares of ATS by 133.6% during the 1st quarter. Steph & Co. now owns 6,215 shares of the company’s stock worth $210,000 after acquiring an additional 3,554 shares during the period. Aigen Investment Management LP bought a new stake in shares of ATS during the 4th quarter worth approximately $315,000. Finally, Citigroup Inc. lifted its holdings in shares of ATS by 5.4% during the 3rd quarter. Citigroup Inc. now owns 8,193 shares of the company’s stock worth $351,000 after acquiring an additional 420 shares during the period. Institutional investors own 75.84% of the company’s stock.

ATS Price Performance

ATS stock traded up $0.10 during trading on Friday, reaching $30.42. 31,958 shares of the company were exchanged, compared to its average volume of 95,182. The company has a 50-day moving average of $32.09 and a two-hundred day moving average of $35.23. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 20.84 and a beta of 1.16. ATS Co. has a twelve month low of $29.78 and a twelve month high of $45.97. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.42.

ATS (NYSE:ATS) last released its quarterly earnings data on Thursday, May 16th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. ATS had a net margin of 6.39% and a return on equity of 15.97%. The business had revenue of $587.12 million during the quarter, compared to analysts’ expectations of $534.08 million. As a group, equities analysts predict that ATS Co. will post 1.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ATS has been the subject of a number of recent analyst reports. Scotiabank raised shares of ATS to a “hold” rating in a report on Friday, May 17th. JPMorgan Chase & Co. lowered their price objective on shares of ATS from $43.00 to $38.00 and set a “neutral” rating for the company in a research report on Friday, May 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, ATS presently has an average rating of “Hold” and an average price target of $45.67.

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.