Royce & Associates LP Grows Holdings in ATS Co. (NYSE:ATS)

Royce & Associates LP grew its stake in ATS Co. (NYSE:ATS - Free Report) by 145.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,500 shares of the company's stock after acquiring an additional 37,000 shares during the quarter. Royce & Associates LP owned about 0.06% of ATS worth $1,813,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ATS. Vanguard Group Inc. increased its position in shares of ATS by 1.1% during the first quarter. Vanguard Group Inc. now owns 2,916,009 shares of the company's stock worth $98,328,000 after purchasing an additional 32,123 shares in the last quarter. Bessemer Group Inc. increased its position in shares of 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 acquiring an additional 1,140 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its stake in ATS by 18.3% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 323,602 shares of the company's stock worth $10,907,000 after acquiring an additional 50,000 shares during the last quarter. Anson Funds Management LP acquired a new stake in ATS during the 1st quarter worth about $1,347,000. Finally, Capital Group Investment Management PTE. LTD. grew its stake in ATS by 32.7% during the 1st quarter. Capital Group Investment Management PTE. LTD. now owns 20,612 shares of the company's stock valued at $694,000 after purchasing an additional 5,082 shares during the last quarter. 75.84% of the stock is owned by institutional investors.

ATS Stock Performance

Shares of ATS stock traded up $0.06 on Wednesday, hitting $29.41. The company had a trading volume of 15,701 shares, compared to its average volume of 111,537. ATS Co. has a twelve month low of $24.82 and a twelve month high of $44.70. The company has a quick ratio of 1.71, a current ratio of 2.08 and a debt-to-equity ratio of 1.00. The firm has a market cap of $2.88 billion, a P/E ratio of 30.57 and a beta of 1.05. The company has a 50-day moving average price of $29.36 and a 200-day moving average price of $30.13.

Analysts Set New Price Targets

A number of research firms recently commented on ATS. The Goldman Sachs Group decreased their target price on ATS from $34.00 to $30.00 and set a "sell" rating for the company in a report on Tuesday, August 13th. JPMorgan Chase & Co. decreased their price objective on shares of ATS from $36.00 to $31.00 and set a "neutral" rating for the company in a research note on Tuesday, August 13th.

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.