Swiss National Bank Boosts Stake in ATS Co. (NYSE:ATS)

Swiss National Bank lifted its holdings in shares of ATS Co. (NYSE:ATS) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 164,500 shares of the company’s stock after acquiring an additional 900 shares during the quarter. Swiss National Bank owned 0.17% of ATS worth $5,015,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ATS. Connor Clark & Lunn Investment Management Ltd. increased its holdings in ATS by 333.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company’s stock worth $50,905,000 after purchasing an additional 1,285,598 shares during the last quarter. Scheer Rowlett & Associates Investment Management Ltd. acquired a new stake in shares of ATS during the fourth quarter worth approximately $4,538,000. Nicola Wealth Management LTD. increased its stake in shares of ATS by 12.1% in the fourth quarter. Nicola Wealth Management LTD. now owns 427,300 shares of the company’s stock worth $13,024,000 after buying an additional 46,200 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in ATS by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 198,402 shares of the company’s stock valued at $6,048,000 after acquiring an additional 5,525 shares in the last quarter. Finally, Alberta Investment Management Corp boosted its stake in ATS by 15.9% during the 4th quarter. Alberta Investment Management Corp now owns 1,086,700 shares of the company’s stock valued at $33,125,000 after acquiring an additional 148,700 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Stock Up 2.7 %

NYSE:ATS opened at $28.38 on Tuesday. The stock has a 50-day simple moving average of $27.94 and a 200 day simple moving average of $29.11. ATS Co. has a one year low of $24.82 and a one year high of $37.14. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 43.01 and a beta of 0.98. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. Sell-side analysts predict that ATS Co. will post 1.02 EPS for the current fiscal year.

About ATS

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.