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Heathbridge Capital Management Ltd. Takes Position in ATS Co. (NYSE:ATS)

ATS logo with Industrial Products background

Heathbridge Capital Management Ltd. purchased a new position in shares of ATS Co. (NYSE:ATS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 329,000 shares of the company's stock, valued at approximately $10,024,000. ATS accounts for about 4.0% of Heathbridge Capital Management Ltd.'s portfolio, making the stock its 15th largest position. Heathbridge Capital Management Ltd. owned approximately 0.34% of ATS as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATS. Galibier Capital Management Ltd. lifted its stake in ATS by 440.2% in the 4th quarter. Galibier Capital Management Ltd. now owns 717,571 shares of the company's stock valued at $21,873,000 after purchasing an additional 584,741 shares during the last quarter. Nicola Wealth Management LTD. bought a new position in ATS in the 3rd quarter valued at approximately $11,071,000. Intact Investment Management Inc. bought a new position in ATS in the 3rd quarter valued at approximately $7,777,000. Highland Peak Capital LLC bought a new position in ATS in the 3rd quarter valued at approximately $5,798,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in ATS by 73.6% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 425,392 shares of the company's stock valued at $12,341,000 after purchasing an additional 180,281 shares during the last quarter. Institutional investors own 75.84% of the company's stock.

ATS Price Performance

NYSE:ATS traded down $0.03 on Wednesday, hitting $29.02. The company had a trading volume of 40,896 shares, compared to its average volume of 126,056. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 43.96 and a beta of 1.13. 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 firm has a 50 day moving average of $28.97 and a two-hundred day moving average of $28.92. ATS Co. has a 52 week low of $24.82 and a 52 week high of $39.58.

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

ATS Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ATS (NYSE:ATS)

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