ATS Co. (NYSE:ATS) Shares Bought by Alberta Investment Management Corp

Alberta Investment Management Corp grew its holdings in shares of ATS Co. (NYSE:ATS) by 15.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,086,700 shares of the company’s stock after acquiring an additional 148,700 shares during the quarter. Alberta Investment Management Corp owned about 1.11% of ATS worth $33,125,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Galibier Capital Management Ltd. raised its stake in shares of ATS by 440.2% in the 4th quarter. Galibier Capital Management Ltd. now owns 717,571 shares of the company’s stock worth $21,873,000 after buying an additional 584,741 shares in the last quarter. Nicola Wealth Management LTD. purchased a new position in ATS in the third quarter valued at about $11,071,000. Heathbridge Capital Management Ltd. purchased a new position in ATS in the fourth quarter valued at about $10,024,000. Intact Investment Management Inc. purchased a new position in ATS in the third quarter valued at about $7,777,000. Finally, Highland Peak Capital LLC purchased a new position in ATS in the third quarter valued at about $5,798,000. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Stock Performance

Shares of NYSE ATS opened at $29.06 on Wednesday. The company has a market capitalization of $2.85 billion, a P/E ratio of 44.03 and a beta of 1.13. The business’s 50-day moving average price is $28.97 and its two-hundred day moving average price is $28.92. ATS Co. has a one year low of $24.82 and a one year high of $39.58. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.71.

ATS (NYSE:ATS) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. Analysts anticipate that ATS Co. will post 1.06 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.