TD Asset Management Inc Has $27.61 Million Stock Position in ATS Co. (NYSE:ATS)

TD Asset Management Inc grew its stake in ATS Co. (NYSE:ATS - Free Report) by 7.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 637,517 shares of the company's stock after acquiring an additional 46,641 shares during the quarter. TD Asset Management Inc owned about 0.64% of ATS worth $27,608,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. AGF Management Ltd. boosted its stake in shares of ATS by 44.1% during the 4th quarter. AGF Management Ltd. now owns 236,829 shares of the company's stock worth $10,207,000 after purchasing an additional 72,528 shares during the last quarter. Alberta Investment Management Corp boosted its position in ATS by 2.8% during the third quarter. Alberta Investment Management Corp now owns 646,400 shares of the company's stock worth $27,682,000 after acquiring an additional 17,400 shares during the last quarter. Vanguard Group Inc. grew its stake in ATS by 8.8% in the 3rd quarter. Vanguard Group Inc. now owns 2,852,701 shares of the company's stock worth $121,582,000 after acquiring an additional 229,765 shares during the period. FMR LLC raised its holdings in ATS by 20.7% in the 3rd quarter. FMR LLC now owns 5,371,545 shares of the company's stock valued at $228,980,000 after acquiring an additional 919,932 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in shares of ATS by 5.4% during the 3rd quarter. Citigroup Inc. now owns 8,193 shares of the company's stock worth $351,000 after purchasing an additional 420 shares during the period. Institutional investors and hedge funds own 75.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Scotiabank raised ATS to a "hold" rating in a research report on Friday, May 17th. JPMorgan Chase & Co. decreased their target price on shares of ATS from $43.00 to $38.00 and set a "neutral" rating on the stock in a research report on Friday, May 24th. Finally, The Goldman Sachs Group started coverage on shares of ATS in a report on Tuesday, March 26th. They issued a "sell" rating and a $34.00 target price for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $45.67.

ATS Trading Up 2.7 %

NYSE:ATS traded up $0.84 on Friday, hitting $31.83. 103,831 shares of the stock were exchanged, compared to its average volume of 144,246. The stock has a fifty day moving average of $32.68 and a 200-day moving average of $37.64. The stock has a market cap of $3.12 billion and a PE ratio of 21.80. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 0.75. ATS Co. has a fifty-two week low of $29.78 and a fifty-two week high of $48.89.

ATS (NYSE:ATS - Get Free Report) last issued its earnings results on Thursday, May 16th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. The business had revenue of $587.12 million during the quarter, compared to analysts' expectations of $534.08 million. ATS had a return on equity of 15.97% and a net margin of 6.39%. As a group, equities analysts expect that ATS Co. will post 1.75 earnings per share for the current fiscal 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.