Fiera Capital Corp Boosts Holdings in ATS Co. (NYSE:ATS)

Fiera Capital Corp lifted its holdings in shares of ATS Co. (NYSE:ATS - Free Report) by 18.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 584,804 shares of the company's stock after buying an additional 90,443 shares during the period. Fiera Capital Corp owned approximately 0.60% of ATS worth $16,989,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. 1832 Asset Management L.P. boosted its position in shares of ATS by 90.1% during the first quarter. 1832 Asset Management L.P. now owns 439,400 shares of the company's stock valued at $14,817,000 after buying an additional 208,200 shares during the last quarter. Capital International Sarl boosted its position in ATS by 40.7% in the first quarter. Capital International Sarl now owns 149,785 shares of the company's stock worth $5,044,000 after purchasing an additional 43,336 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in ATS by 18.3% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 323,602 shares of the company's stock worth $10,907,000 after purchasing an additional 50,000 shares during the last quarter. Capital World Investors boosted its position in ATS by 2.4% in the first quarter. Capital World Investors now owns 4,578,084 shares of the company's stock worth $154,050,000 after purchasing an additional 107,351 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in ATS in the second quarter worth about $11,602,000. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Stock Performance

Shares of NYSE ATS traded down $0.41 during trading on Friday, hitting $28.79. The company had a trading volume of 159,298 shares, compared to its average volume of 158,706. The stock has a 50 day simple moving average of $28.95 and a 200 day simple moving average of $30.34. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.51 and a current ratio of 1.79. ATS Co. has a 12 month low of $24.82 and a 12 month high of $44.70. The firm has a market capitalization of $2.82 billion, a P/E ratio of 29.99 and a beta of 1.05.

ATS (NYSE:ATS - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). ATS had a return on equity of 12.14% and a net margin of 4.56%. The company had revenue of $507.43 million during the quarter, compared to the consensus estimate of $502.41 million. As a group, analysts anticipate that ATS Co. will post 1.56 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on ATS. JPMorgan Chase & Co. dropped their target price on ATS from $36.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 13th. The Goldman Sachs Group dropped their target price on ATS from $34.00 to $30.00 and set a "sell" rating on the stock in a research report on Tuesday, August 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, ATS has an average rating of "Hold" and a consensus target price of $42.00.

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.