ATS Co. (NYSE:ATS) Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. decreased its holdings in ATS Co. (NYSE:ATS) by 59.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,636 shares of the company’s stock after selling 11,071 shares during the quarter. Cidel Asset Management Inc.’s holdings in ATS were worth $233,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ATS. Highland Peak Capital LLC purchased a new position in shares of ATS during the 3rd quarter valued at approximately $5,798,000. Barclays PLC bought a new stake in ATS during the 3rd quarter valued at $510,000. National Bank of Canada FI grew its stake in shares of ATS by 29.0% in the third quarter. National Bank of Canada FI now owns 418,651 shares of the company’s stock worth $12,162,000 after purchasing an additional 94,158 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased 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 valued at $54,000 after buying an additional 860 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in ATS in the third quarter worth approximately $722,000. Hedge funds and other institutional investors own 75.84% of the company’s stock.

ATS Stock Performance

Shares of ATS opened at $28.55 on Friday. ATS Co. has a 12-month low of $24.82 and a 12-month high of $41.46. The firm’s 50 day moving average is $29.29 and its 200-day moving average is $29.00. The stock has a market capitalization of $2.80 billion, a P/E ratio of 43.26 and a beta of 1.13. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.71.

ATS (NYSE:ATS) last released its earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share 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%. Equities research analysts anticipate that ATS Co. will post 1.06 EPS 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.