Heathbridge Capital Management Ltd. Acquires Shares of 329,000 ATS Co. (NYSE:ATS)

Heathbridge Capital Management Ltd. acquired a new stake in ATS Co. (NYSE:ATS) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 329,000 shares of the company’s stock, valued at approximately $10,024,000. ATS comprises 4.0% of Heathbridge Capital Management Ltd.’s holdings, making the stock its 15th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highland Peak Capital LLC bought a new position in shares of ATS during the 3rd quarter valued at approximately $5,798,000. Barclays PLC bought a new position in shares of ATS during the 3rd quarter valued at approximately $510,000. National Bank of Canada FI grew its position in shares of ATS by 29.0% during the 3rd quarter. National Bank of Canada FI now owns 418,651 shares of the company’s stock valued at $12,162,000 after acquiring an additional 94,158 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in ATS by 94.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock worth $54,000 after buying an additional 860 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in ATS in the 3rd quarter worth approximately $722,000. 75.84% of the stock is owned by institutional investors.

ATS Stock Down 1.0 %

ATS opened at $29.29 on Friday. The company has a 50 day moving average of $29.02 and a 200 day moving average of $28.93. The company has a market cap of $2.87 billion, a PE ratio of 44.38 and a beta of 1.13. ATS Co. has a 12 month low of $24.82 and a 12 month high of $39.59. The company has a current ratio of 1.92, a quick ratio of 1.71 and a debt-to-equity ratio of 0.97.

ATS (NYSE:ATS) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 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, sell-side analysts expect that ATS Co. will post 1.06 EPS for the current year.

ATS Company 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.