Massachusetts Financial Services Co. MA Has $16.42 Million Holdings in ATS Co. (NYSE:ATS)

Massachusetts Financial Services Co. MA lessened its position in shares of ATS Co. (NYSE:ATS - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 538,815 shares of the company's stock after selling 17,097 shares during the period. Massachusetts Financial Services Co. MA owned approximately 0.55% of ATS worth $16,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in ATS by 5.3% during the fourth quarter. Geode Capital Management LLC now owns 41,054 shares of the company's stock valued at $1,265,000 after purchasing an additional 2,067 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of ATS by 17.9% during the 4th quarter. National Bank of Canada FI now owns 493,601 shares of the company's stock worth $15,068,000 after buying an additional 74,950 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of ATS by 28.2% during the 4th quarter. Franklin Resources Inc. now owns 18,122 shares of the company's stock worth $552,000 after buying an additional 3,990 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of ATS by 17.7% during the 4th quarter. Clearbridge Investments LLC now owns 1,627,746 shares of the company's stock worth $49,614,000 after buying an additional 245,318 shares during the last quarter. Finally, Beutel Goodman & Co Ltd. boosted its stake in ATS by 497.7% in the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company's stock valued at $198,614,000 after buying an additional 5,425,613 shares in the last quarter. Institutional investors own 75.84% of the company's stock.

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ATS Price Performance

ATS stock traded up $0.53 during midday trading on Friday, reaching $24.06. The company's stock had a trading volume of 82,761 shares, compared to its average volume of 129,820. The stock has a market cap of $2.36 billion, a PE ratio of 36.45 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. ATS Co. has a 52 week low of $20.90 and a 52 week high of $35.42. The business has a 50-day moving average price of $27.09 and a 200-day moving average price of $28.79.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (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, sell-side analysts predict that ATS Co. will post 1.02 EPS for the current 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.