Van ECK Associates Corp Reduces Stock Position in ATS Co. (NYSE:ATS)

Van ECK Associates Corp lessened its holdings in shares of ATS Co. (NYSE:ATS) by 41.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,483 shares of the company’s stock after selling 1,747 shares during the quarter. Van ECK Associates Corp’s holdings in ATS were worth $76,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Highland Peak Capital LLC bought a new stake in ATS in the 3rd quarter valued at $5,798,000. Barclays PLC bought a new position in ATS during the 3rd quarter valued at about $510,000. National Bank of Canada FI boosted its position in ATS by 29.0% in 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 during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in ATS by 94.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock valued at $54,000 after buying an additional 860 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of ATS in the 3rd quarter worth approximately $722,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Trading Down 1.0 %

NYSE ATS opened at $28.81 on Monday. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. ATS Co. has a 52 week low of $24.82 and a 52 week high of $39.04. The firm has a market cap of $2.82 billion, a PE ratio of 43.65 and a beta of 1.13. The company has a 50 day moving average price of $28.78 and a 200 day moving average price of $28.96.

ATS (NYSE:ATS) last announced its quarterly 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%. As a group, sell-side analysts forecast 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.