Legal & General Group Plc Sells 84,252 Shares of ATS Co. (NYSE:ATS)

Legal & General Group Plc lessened its position in ATS Co. (NYSE:ATS - Free Report) by 16.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 421,882 shares of the company's stock after selling 84,252 shares during the period. Legal & General Group Plc owned about 0.43% of ATS worth $12,868,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can raised its holdings in shares of ATS by 3.0% during the fourth quarter. Bank of Montreal Can now owns 962,411 shares of the company's stock valued at $29,314,000 after purchasing an additional 28,465 shares during the last quarter. Russell Investments Group Ltd. raised its stake in ATS by 572.0% during the 4th quarter. Russell Investments Group Ltd. now owns 65,458 shares of the company's stock valued at $1,995,000 after buying an additional 55,717 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of ATS by 10.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 109,921 shares of the company's stock valued at $3,350,000 after buying an additional 10,632 shares during the period. Geode Capital Management LLC boosted its stake in shares of ATS by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 41,054 shares of the company's stock worth $1,265,000 after buying an additional 2,067 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of ATS by 17.9% in the fourth quarter. National Bank of Canada FI now owns 493,601 shares of the company's stock worth $15,068,000 after acquiring an additional 74,950 shares during the period. Hedge funds and other institutional investors own 75.84% of the company's stock.

ATS Stock Performance

ATS stock traded up $0.31 during trading on Friday, reaching $24.42. The stock had a trading volume of 67,098 shares, compared to its average volume of 128,646. The firm has a market cap of $2.39 billion, a PE ratio of 36.99 and a beta of 1.10. 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's 50 day moving average is $26.76 and its two-hundred day moving average is $28.66. ATS Co. has a 52 week low of $20.90 and a 52 week high of $35.42.

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

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.