Fmr LLC Grows Holdings in ATS Co. (NYSE:ATS)

FMR LLC boosted its position in ATS Co. (NYSE:ATS - Free Report) by 9.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,639,373 shares of the company's stock after buying an additional 142,671 shares during the period. FMR LLC owned approximately 1.67% of ATS worth $47,565,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in ATS by 4.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,457 shares of the company's stock valued at $565,000 after buying an additional 804 shares during the period. Van ECK Associates Corp lifted its holdings in ATS by 28.4% in the third quarter. Van ECK Associates Corp now owns 4,230 shares of the company's stock valued at $132,000 after buying an additional 936 shares during the period. CIBC Asset Management Inc increased its stake in ATS by 0.4% in the third quarter. CIBC Asset Management Inc now owns 325,449 shares of the company's stock valued at $9,446,000 after purchasing an additional 1,269 shares in the last quarter. Thornburg Investment Management Inc. increased its stake in ATS by 1.7% in the second quarter. Thornburg Investment Management Inc. now owns 181,408 shares of the company's stock valued at $5,861,000 after purchasing an additional 2,958 shares in the last quarter. Finally, Aigen Investment Management LP increased its stake in ATS by 19.8% in the third quarter. Aigen Investment Management LP now owns 20,493 shares of the company's stock valued at $595,000 after purchasing an additional 3,381 shares in the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.

ATS Stock Down 3.6 %

Shares of NYSE:ATS traded down $1.19 during midday trading on Friday, hitting $31.57. 84,980 shares of the company's stock were exchanged, compared to its average volume of 149,090. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.08 and a quick ratio of 1.71. The stock has a 50 day moving average price of $30.25 and a 200-day moving average price of $29.95. The company has a market cap of $3.09 billion, a PE ratio of 32.89 and a beta of 1.15. ATS Co. has a 12 month low of $24.82 and a 12 month high of $44.70.

Analyst Ratings Changes

ATS has been the subject of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of ATS from $34.00 to $30.00 and set a "sell" rating for the company in a research note on Tuesday, August 13th. JPMorgan Chase & Co. decreased their price target 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.

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.