ATS Co. (NYSE:ATS) Stake Raised by Front Street Capital Management Inc.

Front Street Capital Management Inc. grew its stake in ATS Co. (NYSE:ATS - Free Report) by 20.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,830 shares of the company's stock after acquiring an additional 48,245 shares during the quarter. ATS comprises approximately 1.5% of Front Street Capital Management Inc.'s portfolio, making the stock its 21st biggest holding. Front Street Capital Management Inc. owned approximately 0.29% of ATS worth $8,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC raised its holdings in shares of ATS by 33.6% in the 3rd quarter. Jane Street Group LLC now owns 40,970 shares of the company's stock worth $1,189,000 after purchasing an additional 10,314 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of ATS in the 3rd quarter worth approximately $722,000. Barclays PLC acquired a new position in shares of ATS in the 3rd quarter valued at about $510,000. Geode Capital Management LLC raised its position in shares of ATS by 5.2% during the 3rd quarter. Geode Capital Management LLC now owns 38,987 shares of the company's stock worth $1,136,000 after purchasing an additional 1,920 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of ATS by 125.0% during the third quarter. Franklin Resources Inc. now owns 14,132 shares of the company's stock worth $431,000 after acquiring an additional 7,850 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company's stock.

ATS Stock Performance

Shares of NYSE:ATS traded up $0.96 during trading hours on Wednesday, hitting $24.94. The stock had a trading volume of 85,521 shares, compared to its average volume of 128,726. ATS Co. has a 1-year low of $20.90 and a 1-year high of $35.42. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 37.79 and a beta of 1.10. The stock's fifty day simple moving average is $26.44 and its 200 day simple moving average is $28.54.

ATS (NYSE:ATS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. Sell-side analysts anticipate that ATS Co. will post 1.02 earnings per share for the current fiscal year.

ATS 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.