ATS Co. (NYSE:ATS) Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC lessened its stake in ATS Co. (NYSE:ATS) by 11.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,704 shares of the company’s stock after selling 2,097 shares during the quarter. Cresset Asset Management LLC’s holdings in ATS were worth $479,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ATS. Beutel Goodman & Co Ltd. boosted its holdings in ATS by 497.7% in the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company’s stock valued at $198,614,000 after acquiring an additional 5,425,613 shares during the last quarter. Capital World Investors raised its holdings in shares of ATS by 11.0% in the 4th quarter. Capital World Investors now owns 3,449,762 shares of the company’s stock worth $105,212,000 after purchasing an additional 341,904 shares during the period. Vanguard Group Inc. raised its holdings in shares of ATS by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company’s stock worth $98,486,000 after purchasing an additional 51,365 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of ATS by 333.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company’s stock worth $50,905,000 after purchasing an additional 1,285,598 shares during the period. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of ATS by 76.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,635,224 shares of the company’s stock worth $48,408,000 after purchasing an additional 710,923 shares during the period. 75.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Scotiabank upgraded ATS to a “hold” rating in a report on Tuesday, April 29th.

ATS Trading Down 0.1%

NYSE:ATS opened at $28.06 on Thursday. The business’s 50-day moving average is $25.51 and its two-hundred day moving average is $28.03. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.58. ATS Co. has a 12 month low of $20.90 and a 12 month high of $35.42. The firm has a market capitalization of $2.75 billion, a PE ratio of 42.52 and a beta of 1.06.

ATS Profile

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.