ATS Co. (NYSE:ATS) Short Interest Down 6.2% in January

ATS Co. (NYSE:ATS) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,790,000 shares, a decline of 6.2% from the January 15th total of 4,040,000 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average daily volume of 139,500 shares, the days-to-cover ratio is currently 27.2 days.

Institutional Investors Weigh In On ATS

Several institutional investors and hedge funds have recently modified their holdings of ATS. Thurston Springer Miller Herd & Titak Inc. grew its stake in ATS by 94.3% during 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 in the last quarter. Tower Research Capital LLC TRC grew its stake in ATS by 561.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,171 shares of the company’s stock worth $66,000 after purchasing an additional 1,843 shares in the last quarter. Van ECK Associates Corp grew its stake in ATS by 28.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,230 shares of the company’s stock worth $132,000 after purchasing an additional 936 shares in the last quarter. Northwest & Ethical Investments L.P. grew its stake in ATS by 7.9% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company’s stock worth $199,000 after purchasing an additional 478 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in ATS by 41.6% during the 4th quarter. Deutsche Bank AG now owns 7,320 shares of the company’s stock worth $223,000 after purchasing an additional 2,149 shares in the last quarter. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Price Performance

NYSE:ATS opened at $29.06 on Wednesday. ATS has a 52 week low of $24.82 and a 52 week high of $39.58. The company has a quick ratio of 1.71, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $2.85 billion, a P/E ratio of 44.03 and a beta of 1.13. The stock’s fifty day moving average is $28.97 and its two-hundred day moving average is $28.92.

ATS (NYSE:ATS) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. Equities analysts expect that ATS will post 1.06 EPS 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.