Beutel Goodman & Co Ltd. Purchases 5,425,613 Shares of ATS Co. (NYSE:ATS)

Beutel Goodman & Co Ltd. grew its position in shares of ATS Co. (NYSE:ATS) by 497.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,515,682 shares of the company’s stock after buying an additional 5,425,613 shares during the quarter. Beutel Goodman & Co Ltd. owned approximately 6.65% of ATS worth $198,614,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ATS. Charles Schwab Investment Management Inc. grew its position in ATS by 3.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 192,877 shares of the company’s stock worth $5,602,000 after acquiring an additional 5,703 shares during the last quarter. FMR LLC lifted its position in ATS by 9.5% during the 3rd quarter. FMR LLC now owns 1,639,373 shares of the company’s stock worth $47,565,000 after buying an additional 142,671 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of ATS by 24.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,708 shares of the company’s stock worth $631,000 after acquiring an additional 4,251 shares during the last quarter. PDT Partners LLC grew its stake in shares of ATS by 46.5% during the third quarter. PDT Partners LLC now owns 23,702 shares of the company’s stock valued at $689,000 after purchasing an additional 7,520 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of ATS by 73.6% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 425,392 shares of the company’s stock valued at $12,341,000 after purchasing an additional 180,281 shares in the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Stock Down 3.6 %

Shares of ATS opened at $25.91 on Friday. The business’s fifty day moving average price is $27.96 and its two-hundred day moving average price is $29.08. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 39.25 and a beta of 0.98. ATS Co. has a 52 week low of $24.82 and a 52 week high of $35.42. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.58 and a current ratio of 1.92.

ATS (NYSE:ATS) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS 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%. On average, analysts predict that ATS Co. will post 1.02 earnings per share 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.