ATS Co. (NYSE:ATS) Holdings Raised by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in ATS Co. (NYSE:ATS - Free Report) by 29.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 418,651 shares of the company's stock after buying an additional 94,158 shares during the period. National Bank of Canada FI owned approximately 0.43% of ATS worth $12,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in ATS by 4.8% during 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 grew its position in ATS by 28.4% during 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 boosted its position in shares of ATS by 0.4% in the third quarter. CIBC Asset Management Inc now owns 325,449 shares of the company's stock worth $9,446,000 after purchasing an additional 1,269 shares during the period. Thornburg Investment Management Inc. lifted its holdings in ATS by 1.7% in the 2nd quarter. Thornburg Investment Management Inc. now owns 181,408 shares of the company's stock worth $5,861,000 after purchasing an additional 2,958 shares in the last quarter. Finally, Aigen Investment Management LP lifted its position in shares of ATS by 19.8% in the third quarter. Aigen Investment Management LP now owns 20,493 shares of the company's stock worth $595,000 after buying an additional 3,381 shares in the last quarter. 75.84% of the stock is currently owned by institutional investors.

ATS Stock Down 0.3 %

Shares of NYSE ATS traded down $0.10 during mid-day trading on Wednesday, hitting $31.34. The company had a trading volume of 48,093 shares, compared to its average volume of 112,995. ATS Co. has a 1-year low of $24.82 and a 1-year high of $44.70. The business's 50-day simple moving average is $30.40 and its 200 day simple moving average is $29.94. The company has a market capitalization of $3.07 billion, a PE ratio of 32.65 and a beta of 1.15. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.08 and a quick ratio of 1.71.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group dropped their price objective on ATS from $34.00 to $30.00 and set a "sell" rating for the company in a report on Tuesday, August 13th. JPMorgan Chase & Co. reduced their target price on ATS from $36.00 to $31.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 13th.

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.