Alliancebernstein L.P. Has $31.56 Million Position in ATS Co. (NYSE:ATS)

Alliancebernstein L.P. reduced its position in ATS Co. (NYSE:ATS - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,035,524 shares of the company's stock after selling 18,425 shares during the quarter. Alliancebernstein L.P. owned about 1.06% of ATS worth $31,563,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ATS. Clearbridge Investments LLC boosted its position in shares of ATS by 17.7% during the 4th quarter. Clearbridge Investments LLC now owns 1,627,746 shares of the company's stock worth $49,614,000 after acquiring an additional 245,318 shares in the last quarter. Beutel Goodman & Co Ltd. lifted its stake in ATS by 497.7% during the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company's stock worth $198,614,000 after purchasing an additional 5,425,613 shares during the last quarter. Norges Bank acquired a new stake in shares of ATS in the 4th quarter valued at $31,295,000. Vanguard Group Inc. increased its stake in shares of ATS by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company's stock valued at $98,486,000 after purchasing an additional 51,365 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. raised its holdings in shares of ATS by 7.9% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock worth $199,000 after buying an additional 478 shares in the last quarter. 75.84% of the stock is currently owned by institutional investors and hedge funds.

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ATS Price Performance

Shares of ATS stock traded up $0.53 on Friday, hitting $24.06. 82,761 shares of the company's stock were exchanged, compared to its average volume of 129,820. ATS Co. has a 12 month low of $20.90 and a 12 month high of $35.42. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. The company has a 50 day moving average of $27.09 and a 200 day moving average of $28.79. The stock has a market cap of $2.36 billion, a P/E ratio of 36.45 and a beta of 1.10.

ATS (NYSE:ATS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. On average, equities research analysts predict that ATS Co. will post 1.02 EPS for the current 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.