ATS Corporation $ATS Shares Bought by Royce & Associates LP

Royce & Associates LP increased its holdings in ATS Corporation (NYSE:ATSFree Report) by 22.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 164,500 shares of the company’s stock after buying an additional 30,000 shares during the period. Royce & Associates LP’s holdings in ATS were worth $4,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of ATS. Quarry LP acquired a new position in ATS in the 3rd quarter worth approximately $32,000. Raymond James Financial Inc. purchased a new stake in ATS in the 2nd quarter worth approximately $43,000. State of Wyoming purchased a new stake in ATS in the 3rd quarter worth approximately $112,000. SkyView Investment Advisors LLC purchased a new stake in ATS in the 2nd quarter worth approximately $237,000. Finally, Boothbay Fund Management LLC boosted its position in ATS by 52.4% in the 3rd quarter. Boothbay Fund Management LLC now owns 10,170 shares of the company’s stock worth $266,000 after purchasing an additional 3,496 shares in the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

Key Stories Impacting ATS

Here are the key news stories impacting ATS this week:

ATS Trading Up 1.6%

Shares of ATS stock opened at $30.93 on Friday. The stock’s fifty day moving average is $31.70 and its two-hundred day moving average is $29.76. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.37 and a current ratio of 1.65. The firm has a market capitalization of $3.03 billion, a P/E ratio of 59.48 and a beta of 1.26. ATS Corporation has a fifty-two week low of $23.84 and a fifty-two week high of $35.82.

ATS (NYSE:ATSGet Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). The firm had revenue of $535.09 million during the quarter, compared to analysts’ expectations of $529.43 million. ATS had a net margin of 2.40% and a return on equity of 9.44%. Research analysts expect that ATS Corporation will post 1.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on ATS. Wall Street Zen lowered ATS from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th. Zacks Research lowered ATS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada lowered their price objective on ATS from $51.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday. Scotiabank restated an “outperform” rating on shares of ATS in a research report on Tuesday, April 28th. Finally, Weiss Ratings upgraded ATS from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.50.

Get Our Latest Research Report on ATS

ATS Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ATS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ATS Corporation (NYSE:ATSFree Report).

Institutional Ownership by Quarter for ATS (NYSE:ATS)

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