Russell Investments Group Ltd. Has $2 Million Stock Position in ATS Co. (NYSE:ATS)

Russell Investments Group Ltd. increased its position in shares of ATS Co. (NYSE:ATS - Free Report) by 572.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,458 shares of the company's stock after purchasing an additional 55,717 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.07% of ATS worth $1,995,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. 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 worth $198,614,000 after purchasing an additional 5,425,613 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in ATS by 333.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company's stock worth $50,905,000 after buying an additional 1,285,598 shares in the last quarter. Norges Bank bought a new stake in ATS during the 4th quarter worth about $31,295,000. Galibier Capital Management Ltd. increased its position 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 acquiring an additional 584,741 shares in the last quarter. Finally, Heathbridge Capital Management Ltd. bought a new position in shares of ATS in the fourth quarter worth about $10,024,000. 75.84% of the stock is owned by institutional investors.

ATS Price Performance

Shares of ATS traded up $0.24 during mid-day trading on Thursday, hitting $25.13. 21,568 shares of the company traded hands, compared to its average volume of 127,775. 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 business has a 50-day moving average of $26.35 and a 200 day moving average of $28.51. ATS Co. has a one year low of $20.90 and a one year high of $35.42. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 38.04 and a beta of 1.10.

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