UniSuper Management Pty Ltd Reduces Position in ATS Co. (NYSE:ATS)

UniSuper Management Pty Ltd reduced its stake in ATS Co. (NYSE:ATS - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,036 shares of the company's stock after selling 11,000 shares during the period. UniSuper Management Pty Ltd owned 0.09% of ATS worth $2,653,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in ATS by 94.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company's stock worth $54,000 after purchasing an additional 860 shares in the last quarter. Northwest & Ethical Investments L.P. lifted its holdings in shares of ATS by 7.9% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company's stock valued at $199,000 after purchasing an additional 478 shares during the last quarter. Procyon Advisors LLC bought a new stake in shares of ATS in the 4th quarter worth approximately $293,000. abrdn plc increased its position in ATS by 38.5% during the 4th quarter. abrdn plc now owns 13,267 shares of the company's stock valued at $401,000 after buying an additional 3,685 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in ATS by 125.0% during the third quarter. Franklin Resources Inc. now owns 14,132 shares of the company's stock valued at $431,000 after buying an additional 7,850 shares during the last quarter. Hedge funds and other institutional investors own 75.84% of the company's stock.

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ATS Stock Down 3.1 %

Shares of NYSE ATS traded down $0.81 during trading on Thursday, reaching $25.38. The company had a trading volume of 37,324 shares, compared to its average volume of 128,495. ATS Co. has a 12-month low of $24.52 and a 12-month high of $35.42. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. The business's 50-day moving average is $27.83 and its 200 day moving average is $29.09. The stock has a market cap of $2.49 billion, a PE ratio of 38.46 and a beta of 0.98.

ATS (NYSE:ATS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 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%. As a group, equities analysts forecast that ATS Co. will post 1.02 earnings per share for the current fiscal year.

ATS Company 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.