ATS Co. (NYSE:ATS) Shares Sold by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. trimmed its holdings in shares of ATS Co. (NYSE:ATS) by 53.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,049 shares of the company’s stock after selling 6,910 shares during the period. Northwest & Ethical Investments L.P.’s holdings in ATS were worth $176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ATS. Vanguard Group Inc. grew its position in ATS by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 2,916,009 shares of the company’s stock valued at $98,328,000 after buying an additional 32,123 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. increased its stake in shares of ATS by 72.1% during the second quarter. Dixon Mitchell Investment Counsel Inc. now owns 238,625 shares of the company’s stock valued at $7,720,000 after acquiring an additional 100,000 shares during the period. Caldwell Investment Management Ltd. raised its holdings in ATS by 99.6% during the second quarter. Caldwell Investment Management Ltd. now owns 48,100 shares of the company’s stock worth $1,555,000 after purchasing an additional 24,000 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in ATS during the second quarter worth approximately $11,602,000. Finally, Galibier Capital Management Ltd. bought a new position in ATS during the 2nd quarter valued at $3,586,000. 75.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ATS shares. JPMorgan Chase & Co. dropped their price objective on ATS from $36.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 13th. The Goldman Sachs Group dropped their price target on shares of ATS from $34.00 to $30.00 and set a “sell” rating on the stock in a research report on Tuesday, August 13th.

ATS Price Performance

Shares of NYSE:ATS opened at $32.69 on Friday. The company has a market capitalization of $3.20 billion, a PE ratio of 34.05 and a beta of 1.05. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.71 and a current ratio of 2.08. The stock has a fifty day moving average of $29.99 and a 200-day moving average of $30.02. ATS Co. has a one year low of $24.82 and a one year high of $44.70.

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.