Trexquant Investment LP Sells 21,567 Shares of ATS Co. (NYSE:ATS)

Trexquant Investment LP cut its position in ATS Co. (NYSE:ATS - Free Report) by 68.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,839 shares of the company's stock after selling 21,567 shares during the period. Trexquant Investment LP's holdings in ATS were worth $300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in shares of ATS by 5.3% during the fourth quarter. Geode Capital Management LLC now owns 41,054 shares of the company's stock worth $1,265,000 after purchasing an additional 2,067 shares during the period. National Bank of Canada FI grew its holdings in shares of ATS by 17.9% during the fourth quarter. National Bank of Canada FI now owns 493,601 shares of the company's stock valued at $15,068,000 after buying an additional 74,950 shares during the last quarter. Franklin Resources Inc. increased its position in shares of ATS by 28.2% during the fourth quarter. Franklin Resources Inc. now owns 18,122 shares of the company's stock worth $552,000 after acquiring an additional 3,990 shares in the last quarter. Clearbridge Investments LLC lifted its position in ATS by 17.7% in the 4th quarter. Clearbridge Investments LLC now owns 1,627,746 shares of the company's stock valued at $49,614,000 after acquiring an additional 245,318 shares in the last quarter. Finally, Beutel Goodman & Co Ltd. increased its holdings in ATS by 497.7% during the 4th 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 in the last quarter. 75.84% of the stock is owned by institutional investors.

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ATS Stock Down 0.8 %

Shares of NYSE:ATS traded down $0.20 during mid-day trading on Tuesday, hitting $24.72. 102,875 shares of the company traded hands, compared to its average volume of 129,704. ATS Co. has a 12-month low of $20.90 and a 12-month high of $35.42. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The stock has a market cap of $2.42 billion, a P/E ratio of 37.45 and a beta of 1.10. The stock has a 50-day moving average price of $27.02 and a two-hundred day moving average price of $28.75.

ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings data 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, equities research analysts forecast that ATS Co. will post 1.02 earnings per share 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.