UniSuper Management Pty Ltd Trims Stock Holdings in ATS Co. (NYSE:ATS)

UniSuper Management Pty Ltd reduced its holdings in shares of ATS Co. (NYSE:ATS) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,036 shares of the company’s stock after selling 11,000 shares during the quarter. UniSuper Management Pty Ltd owned about 0.09% of ATS worth $2,653,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 valued at $54,000 after acquiring an additional 860 shares during the period. Northwest & Ethical Investments L.P. raised its stake in shares of ATS by 7.9% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company’s stock valued at $199,000 after purchasing an additional 478 shares during the period. Procyon Advisors LLC purchased a new stake in ATS during the 4th quarter worth about $293,000. abrdn plc boosted its stake in ATS by 38.5% in the 4th quarter. abrdn plc now owns 13,267 shares of the company’s stock worth $401,000 after purchasing an additional 3,685 shares during the period. Finally, Franklin Resources Inc. grew its holdings in ATS by 125.0% during the 3rd quarter. Franklin Resources Inc. now owns 14,132 shares of the company’s stock valued at $431,000 after buying an additional 7,850 shares in the last quarter. 75.84% of the stock is owned by institutional investors.

ATS Trading Down 3.6 %

Shares of ATS stock opened at $25.91 on Friday. The company’s 50-day moving average price is $27.96 and its 200-day moving average price is $29.10. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. ATS Co. has a 12-month low of $24.82 and a 12-month high of $35.42. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 39.25 and a beta of 0.98.

ATS (NYSE:ATS) last posted its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. On average, equities analysts expect that ATS Co. will post 1.02 earnings per share for the current fiscal 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.