ATS Co. (NYSE:ATS) Stock Holdings Reduced by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its holdings in shares of ATS Co. (NYSE:ATS) by 21.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 283,858 shares of the company’s stock after selling 78,900 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.29% of ATS worth $8,646,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ATS. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of ATS by 94.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock worth $54,000 after purchasing an additional 860 shares during the period. Van ECK Associates Corp grew its position in ATS by 28.4% during the third quarter. Van ECK Associates Corp now owns 4,230 shares of the company’s stock worth $132,000 after buying an additional 936 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of ATS by 0.4% in the 3rd quarter. CIBC Asset Management Inc now owns 325,449 shares of the company’s stock worth $9,446,000 after acquiring an additional 1,269 shares during the period. Geode Capital Management LLC boosted its position in shares of ATS by 5.2% during the 3rd quarter. Geode Capital Management LLC now owns 38,987 shares of the company’s stock valued at $1,136,000 after acquiring an additional 1,920 shares in the last quarter. Finally, Aigen Investment Management LP grew its holdings in shares of ATS by 19.8% during the third quarter. Aigen Investment Management LP now owns 20,493 shares of the company’s stock worth $595,000 after purchasing an additional 3,381 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Stock Performance

ATS stock opened at $29.06 on Wednesday. ATS Co. has a 12-month low of $24.82 and a 12-month high of $39.58. The stock has a 50-day simple moving average of $28.97 and a 200 day simple moving average of $28.92. The company has a quick ratio of 1.71, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 44.03 and a beta of 1.13.

ATS (NYSE:ATS) last announced its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (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%. On average, research analysts anticipate that ATS Co. will post 1.06 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.