Candelo Capital Management LP Buys Shares of 200,850 ATS Co. (NYSE:ATS)

Candelo Capital Management LP acquired a new stake in shares of ATS Co. (NYSE:ATS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 200,850 shares of the company’s stock, valued at approximately $6,122,000. ATS comprises approximately 3.1% of Candelo Capital Management LP’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beutel Goodman & Co Ltd. increased its holdings in shares of ATS by 497.7% in the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company’s stock worth $198,614,000 after buying an additional 5,425,613 shares during the period. Capital World Investors boosted its holdings in ATS by 11.0% in the fourth quarter. Capital World Investors now owns 3,449,762 shares of the company’s stock valued at $105,212,000 after acquiring an additional 341,904 shares in the last quarter. Vanguard Group Inc. raised its stake in ATS by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company’s stock worth $98,486,000 after buying an additional 51,365 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of ATS by 333.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company’s stock worth $50,905,000 after acquiring an additional 1,285,598 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in ATS by 76.9% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,635,224 shares of the company’s stock valued at $48,408,000 after buying an additional 710,923 shares during the period. 75.84% of the stock is currently owned by institutional investors.

ATS Trading Up 1.7 %

NYSE:ATS opened at $23.94 on Wednesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. The firm has a market capitalization of $2.34 billion, a P/E ratio of 36.27 and a beta of 1.10. The company’s 50-day simple moving average is $26.44 and its 200 day simple moving average is $28.54. ATS Co. has a one year low of $20.90 and a one year high of $35.42.

ATS (NYSE:ATS) 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, analysts forecast that ATS Co. will post 1.02 EPS 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.