ATS Co. (NYSE:ATS) Shares Acquired by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of ATS Co. (NYSE:ATS) by 73.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 425,392 shares of the company’s stock after acquiring an additional 180,281 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in ATS were worth $12,341,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of ATS by 1.1% during the first quarter. Vanguard Group Inc. now owns 2,916,009 shares of the company’s stock worth $98,328,000 after purchasing an additional 32,123 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. lifted its holdings in ATS by 72.1% during the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 238,625 shares of the company’s stock worth $7,720,000 after buying an additional 100,000 shares in the last quarter. Caldwell Investment Management Ltd. boosted its position in ATS by 99.6% in the 2nd quarter. Caldwell Investment Management Ltd. now owns 48,100 shares of the company’s stock valued at $1,555,000 after buying an additional 24,000 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of ATS in the second quarter worth $11,602,000. Finally, Galibier Capital Management Ltd. purchased a new stake in shares of ATS during the second quarter worth $3,586,000. 75.84% of the stock is currently owned by hedge funds and other institutional investors.

ATS Trading Up 5.5 %

NYSE ATS opened at $32.69 on Friday. ATS Co. has a 52 week low of $24.82 and a 52 week high of $44.70. The firm has a 50 day moving average of $29.99 and a two-hundred day moving average of $30.02. The company has a quick ratio of 1.71, a current ratio of 2.08 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $3.20 billion, a PE ratio of 34.05 and a beta of 1.05.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ATS shares. The Goldman Sachs Group decreased their target price 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 price target 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 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.