Fiera Capital Corp Has $2.44 Million Holdings in ATS Corporation $ATS

Fiera Capital Corp trimmed its position in ATS Corporation (NYSE:ATS) by 29.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 93,159 shares of the company’s stock after selling 39,210 shares during the period. Fiera Capital Corp’s holdings in ATS were worth $2,436,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EdgePoint Investment Group Inc. increased its holdings in ATS by 28.2% in the 2nd quarter. EdgePoint Investment Group Inc. now owns 6,434,005 shares of the company’s stock worth $205,330,000 after purchasing an additional 1,416,009 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of ATS by 2.1% during the third quarter. Vanguard Group Inc. now owns 3,341,435 shares of the company’s stock worth $87,419,000 after purchasing an additional 69,334 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of ATS by 19.9% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,369,028 shares of the company’s stock worth $75,603,000 after purchasing an additional 392,874 shares during the last quarter. Burgundy Asset Management Ltd. increased its stake in shares of ATS by 2.5% in the second quarter. Burgundy Asset Management Ltd. now owns 1,812,147 shares of the company’s stock valued at $57,687,000 after buying an additional 43,365 shares during the period. Finally, Mackenzie Financial Corp raised its holdings in ATS by 17.5% in the 2nd quarter. Mackenzie Financial Corp now owns 1,410,833 shares of the company’s stock valued at $45,023,000 after buying an additional 210,570 shares during the last quarter. Institutional investors own 75.84% of the company’s stock.

ATS Price Performance

Shares of NYSE ATS opened at $32.84 on Friday. The company has a market capitalization of $3.22 billion, a PE ratio of 218.91 and a beta of 1.21. The company has a quick ratio of 1.37, a current ratio of 1.65 and a debt-to-equity ratio of 0.82. ATS Corporation has a twelve month low of $20.90 and a twelve month high of $33.01. The firm has a fifty day simple moving average of $29.25 and a 200 day simple moving average of $27.74.

ATS (NYSE:ATS) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. The business had revenue of $553.81 million for the quarter, compared to analysts’ expectations of $722.96 million. ATS had a net margin of 0.77% and a return on equity of 9.67%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 earnings per share. On average, sell-side analysts forecast that ATS Corporation will post 1.02 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ATS shares. Zacks Research upgraded shares of ATS from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. TD Securities reissued a “buy” rating on shares of ATS in a research note on Monday, January 26th. Wall Street Zen downgraded ATS from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. JPMorgan Chase & Co. lifted their target price on ATS from $33.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of ATS in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

ATS Company Profile

ATS Corporation (NYSE: ATS) is a Canada-based global provider of automation and energy solutions. Headquartered in Cambridge, Ontario, the company specializes in the design, engineering and manufacturing of custom automation and test systems, as well as fluid handling and control products. Since its founding in 1978, ATS has focused on delivering integrated hardware and software solutions that help original equipment manufacturers (OEMs) improve efficiency, quality and throughput across a range of industries.

Through its Automation segment, ATS develops bespoke assembly and testing platforms for sectors such as life sciences, consumer electronics, automotive and industrial equipment.