ACK Asset Management LLC Lowers Holdings in ATS Co. (NYSE:ATS)

ACK Asset Management LLC lessened its stake in shares of ATS Co. (NYSE:ATS) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,093,196 shares of the company’s stock after selling 162,693 shares during the quarter. ATS comprises about 8.5% of ACK Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. ACK Asset Management LLC owned 2.14% of ATS worth $63,801,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Northwest & Ethical Investments L.P. lifted its holdings in ATS by 7.9% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company’s stock valued at $199,000 after acquiring an additional 478 shares during the period. Aviso Financial Inc. increased its position in shares of ATS by 1.8% during the 4th quarter. Aviso Financial Inc. now owns 45,681 shares of the company’s stock valued at $1,393,000 after purchasing an additional 826 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of ATS by 94.3% in the 4th 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 during the period. Swiss National Bank boosted its holdings in shares of ATS by 0.6% in the fourth quarter. Swiss National Bank now owns 164,500 shares of the company’s stock worth $5,015,000 after buying an additional 900 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in ATS by 5.2% during the third quarter. Geode Capital Management LLC now owns 38,987 shares of the company’s stock valued at $1,136,000 after buying an additional 1,920 shares during the period. 75.84% of the stock is currently owned by institutional investors.

ATS Stock Down 5.4 %

Shares of ATS stock opened at $22.23 on Tuesday. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. ATS Co. has a 12 month low of $21.90 and a 12 month high of $35.42. The stock has a market cap of $2.18 billion, a P/E ratio of 33.67 and a beta of 1.10. The company has a 50 day simple moving average of $27.55 and a two-hundred day simple moving average of $29.03.

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